2 ms·
> In canada net migration is many many many more times the building of houses Okay but that doesn’t say anything about immigration versus commercial land owner
by TaylorAlexander 2y ago
> In canada net migration is many many many more times the building of houses
Okay but that doesn’t say anything about immigration versus commercial land ownership, which was my point. You’re saying immigration influences house purchases and I don’t disagree, I’m just questioning the magnitude of that effect compared to commercial land ownership.
- LegitShady 2y agocommercial home ownership is made less risky and more profitable if supply is far lower than demand, which is the case with overwhelming immigration and a housing construction sector not able to keep pace with immigration.