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Blaming immigration on how much we aren’t building is a mental gymnastic I haven’t seen before. Besides, those immigrants are the ones building those houses.
by Matheus28 3y ago
Blaming immigration on how much we aren’t building is a mental gymnastic I haven’t seen before.
Besides, those immigrants are the ones building those houses.
- henry2023 3y agoNot only they build those houses. They don't get to own them. Hard to imagine an undocumented immigrant having spare 250k cash for a downpayment. OP comment is a joke.
- mantas 3y agoLegal immigrants and illegal migrants have to live somewhere too. Even if they don't have $$$, they still put pressure on the system from the bottom. And it bubbles up throughout the real estate pyramid.
- Auracle 3y agoI guess they all just live in the woods then. News to me. People taking up rental units still take up supply. If landlords are having a hard time renting out their units, they aren't going to increase their prices.
- bheadmaster 3y agoIf immigration is an order of magnitude higher than natality, it's fair to say it's a relevant factor. I don't think that's shifting blame, only pointing out that without immigration, there might be more homes built than new people born.
- ralfd 3y agoThat is not what the parent said and you put words in his mouth. Immigration is not the reason too few housing is build, but it is the reason demand outstrips the limited capacity to build more. The opposite is for example happening in Japan which has with a stagnant/declining population a relaxed housing market.