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“Destroying the local job market” This has been debunked again and again[1]. Please stop. No ones complaining about unemployment/underemployment anymore and wi
by pj_mukh 3y ago
“Destroying the local job market”
This has been debunked again and again[1]. Please stop. No ones complaining about unemployment/underemployment anymore and with good reason. Even the article OP posted cites a job market that is too good for entrepreneurs to take risks outside of it. Let’s just set this one aside.
The housing market and other inflation is mostly an artificial own goal on the governments part. Demand is a good thing in markets that aren’t artificially constrained.
[1] https://www.noahpinion.blog/p/why-immigration-doesnt-reduce-wages https://www.noahpinion.blog/p/why-immigration-doesnt-reduce-...
- richbell 3y ago> This has been debunked again and again[1]. The blog post you've linked is titled "Why immigration doesn't reduce wages", which I think is an absurd claim to make. The author seems more interested in owning "anti-immigration people" than actually proving that thesis. Citing a handful of studies does not conclusively prove that immigration is never and can never have negative effects. The article also does not seem relevant to Canada whatsoever. You don't think that the massive lines for a handful of minimum wage job postings are in any way impacting local job markets? Does Tim Hortons abusing the TFW program help or harm the local job market? The Canadian economy is a ponzi-scheme dependant on bringing in an accelerating number of immigrants every year and saddling them with debt.
- newyankee 3y agoThe demographics suggest that they need young people to work many minimum wage jobs. Indeed these holes are filled by Indian and other immigrants like myself who live well below median Canadian lifestyles (e.g. 5 people sharing a 2 bedroom house). The tricky question is whether this is a net positive for Canada or not. My guess is the answer is not that simple or straightforward.
- newyankee 3y agoIt is laughable that a country with as much land as Canada or Australia have housing issues. Essentially it is the class that owns houses which restrict new supply under the guise of environmentalism or whatever they can find to enforce NIMBYism. The rents extracted from new immigrants are crazy high.
- richbell 3y ago> It is laughable that a country with as much land as Canada or Australia have housing issues. While true, I think it's important not to conflate "land" with "land people actually want to live in". Most land is cold and inhospitable. Perhaps people would have gladly moved to North Ontario in exchange for a parcel of land in the past, but nowadays everyone wants to be in Vancouver or the GTA.
- nmfisher 3y agoThere’s a lot of liveable land in Australia. Trouble is there are no jobs (or infrastructure) there.