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June 05, 2006

Immigration reform: Building costs could soar

By Jon Birger and Jenny Mero, Fortune Magazine, May 31, 2006

"For the home building industry, the immigration debate raging in Washington is anything but abstract. It's the biggest issue nobody wants to talk about.

Frank Fuentes, president of the Hispanic Contractors Association, queried his 20 largest member firms about speaking with FORTUNE, and not one was willing.

"They're scared to death of being raided," says Fuentes.

By FORTUNE's estimate, up to 40 percent of new-home construction in the U.S. is being done wholly or partly by undocumented immigrants. Fuentes suspects the percentage in his home state of Texas is closer to 80 percent".


At; http://money.cnn.com/magazines/fortune

Posted by VisaLawyer at June 5, 2006 01:03 PM

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