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John Quinterno: Raleigh Housing Market Faces Uncertainty
['Randall Kerr', 'Sr. Producer', 'Wral Investigates']
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“We’ve created this situation where we say we don’t want people to immigrate to the United States, but we say we want lower cost workers, but we also have no mechanisms in place for those people to come,” Quinterno said. In fact, the George W. Bush Institute highlighted the positive impact of migrant workers here, concluding, "Immigrant construction workers in Sun Belt metros like Raleigh ... have helped these cities sustain their housing cost advantage." But recent history shows we may lose that advantage if the construction industry loses part of its workforce and Trump's threatened tariffs impact the supply chain.