William Henderson and B. McGraw talk about immigration. What kind of visas are there? How many immigrants are arriving legally and illegally? What effects are there on the economy and home prices? This is Part 2 of 3 episodes.
We first discuss the difference between points based and family based systems. After this, we talk about visa caps for different types of visas in the US. Then we talk about the different types of work visa, the percentage of immigrants who have arrived illegally, and the percentage of illegal immigration which happens through overstaying visas. We then talk about asylum seekers, and how this is distinct from entering the country illegally. We then talk about how immigrants affects the economy, whether or not it suppresses wages, and how immigration affects inequality. Then we go over the level of entrepreneurship among immigrants, the fiscal impacts of immigrants on the government, and whether or not immigration affects housing prices.
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1:07 points based system
1:38 family based system
3:52 types of work visas
5:52 Percent of immigrants here illegallly (2)
6:26: Overstaying visas
7:08 Asylum seeker
19:20 OECD report on immigration and the economy
20:55 Wage suppression (2) (3)
28:42 Immigration and inequality
29:40 Entrepreneurship
30:15 Fiscal impacts
33:00 Housing prices (2) (3)