I have been wondering if its time to try to use immigration to shore up our country. A great solution to the illegal immigration problem would be to issue 3 year work visas to all illegals who can show gainful employment. The visas would expire at the end of the three year period unless they bought a new home. Provisions would require normal vesting, a purchase price of at least 35% to 50 % of median value, and that the buyer finance at least 80%. Limit it to the first million or so, and we should be able to get our housing market back on track in less than a year. This could easily stimulate the entire economy over a short year period. It would also limit citizenship to those with good, documented income, hopefully limiting concerns of hoards of welfare recipients getting citizenship.
We already offer green cards to foreignor investors willing to invest a million dollars in the US, so this is just a form of extension for those already here.