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It's not as clear cut as that. I'm not sure if you've seen: https://fullfact.org/factchecks/immigrantion_house_prices-28673 https://fullfact.org/factchecks/immi
by JosephRedfern 11y ago
It's not as clear cut as that. I'm not sure if you've seen: https://fullfact.org/factchecks/immigrantion_house_prices-28673 https://fullfact.org/factchecks/immigrantion_house_prices-28..., but there isn't a clear correlation between immigration rates and house prices.
Some reports even suggest the opposite, that increases in immigration can REDUCE house prices: "The University of Cambridge study concluded that an immigration inflow equal to 1% of the local initial population leads to a reduction of 1.6% in house prices".
- mwg66 11y agoThanks, we posted at the same time. Making unsubstantiated claims such as those of the parent is what drives the anti-EU right in the UK. At least on HN, show me the numbers.
- fooballs 11y agoThe numbers are clear and obvious to those who seek them with a clear head. More people = more demand for housing = higher prices.
- mwg66 11y agoMarkets are not always linear...
- JosephRedfern 11y agoYeah, those Cambridge idiots were probably drunk when they conducted their research and produced their report. You're probably best off just trusting your gut instinct on these things.
- fooballs 11y agoThose Cambridge people depend on immigration to pay their fees. They're hardly unbiased. Do you really seriously think that an increasing population could ever lead to falling demand for housing? How would that one work? The charts in their "study" show clearly. Immigration increases, house prices increase.
- mwg66 11y agoNigel? Is that you?
- mwg66 11y agoCite them then. You are the one making the claims! Demonstrate your point is based on something other than xenophobic rhetoric!
- deleted 11y ago[deleted]