>Enter H1B’s! The ultimate solution to your technical demands! H1B’s are younger which equates to lower medical claims and lower medical costs (insurance) paid by companies. Also, H1B’s do not stay here long enough to retire so they do not pay into retirement programs. Companies save money with H1B’s. They will also accept a lower wage not realizing where they are living and the costs involved.
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>We have 123,000 H1B’s in Silicon Valley right now. We also lost 192,000 IT jobs, and 92,000 people left the area. That might help account for the 8% housing vacancy rate.

It's probably worse where you are (having seen stories on national news about it), but the same problem is pretty serious here, too, most of our contract help are H1Bs. I generally like the individuals on H1Bs, mostly they are good people (from India, Russia, China, largely) just trying to make a better life. But they're taking many good US jobs away, and for the reasons you listed very well. I don't know what the solution is, since the large corps that pretty much control most US elections control this, too.

It really is up to the US voters to elect candidates that will do something about the problem of both H1Bs and general US overpopulation (and the assumption that accelerating economic growth is entirely a good thing, which I think is a totally wrong-headed attitude). But it seems like every election, the potential voters either don't vote, or they get bamboozled by the corporate-contribution controlled candidates (which is most of them, and in both major parties, of course). A tough nut to crack, these problema are.

I hear people worried about overseas outsourcing, and I'm sure they've got a point, but IMO, that's nothing compared to the problems people like you and me face right here in the US, with both jobs and overpopulation.