How do people in the construction industry feel, sitting on unsold inventory? It could be really bad for some of them.
How do I feel? It’s really hard to be sympathetic to people living in million dollar houses. If they leave the country maybe I can get one of those jobs in Denton.
I left the US a long time ago after only a few years of work because I felt it didn't make sense that it should take me decades to get the right to live stress-free in the country (or marry an American or somehow hack through for an O1 visa) even if I did everything right and more, but only two months to get a new job in case I lost my previous one, or pack up and leave. Why would I make a major financial/life decision that keeps me rooted to the US with this in mind? And this is not a recent happening; this imbalance has been going on for many years now, across different federal administrations.
Yes, you earn a lot more in the US, and the QoL is better. But the risk-reward ratio has been steadily declining for Indians, probably for decades, to the point where it's probably underwater. I can definitely empathize, but it's a bit difficult to back anyone who bought a house in such scenarios without at least a green card or a solid exit plan in mind.
link to the 9-min vid: https://www.bloomberg.com/media-manifest/embed/asset/iframe?...