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If the government makes policy to allow huge immigration, it should make corresponding policy to ensure these people are housed. The housing crisis is not from

by 10u152 2y ago

If the government makes policy to allow huge immigration, it should make corresponding policy to ensure these people are housed. The housing crisis is not from organic population growth.

gloryjulio 2y ago
The government's goal is to use the population growth to prop up real estate while suppressing real wages. They were never ignorant. They were intentional. What you are suggesting is the opposite what they are trying to do
- dsco 2y ago
  Where is this goal documented? I’ve seen some very counter productive immigration policies in the EU, but using migrants as a way to preserve asset prices and suppress real wages is as creative as thinking the earth is flat.
  - lotsofpulp 2y ago
    Politically, there are a lot of promised benefits that need to be delivered to old people and fewer and fewer working hands, meaning higher costs to deliver those benefits since labor prices rise. This would necessitate larger than desired tax increases on the politically influential. Solution: Reduce the quantity and quality of benefits as much as politically possible, but also import more working hands to reduce labor prices. That it helps support asset price increases is just an added benefit.
  - ein0p 2y ago
    That is always the goal with unskilled immigration. It’s not a coincidence, for example, that in the US the Koch brothers and some conservative think tanks opposed closing the border as Trump was clamping down on it. They too like labor to be cheap - their wealth depends on it.
  - ffgjgf1 2y ago
    > as creative as thinking the earth is flat. No, it’s just very basic (completely orthodox) supply/demand economics
- cedws 2y ago
  Exactly. Immigration has been a massive wealth generator - but only for a subset of people who own businesses, land, and real estate. That wealth hasn’t been fed back into the NHS or public transport, it went into their pockets.

by 10u152 2y ago

If the government makes policy to allow huge immigration, it should make corresponding policy to ensure these people are housed. The housing crisis is not from organic population growth.

gloryjulio 2y ago

The government's goal is to use the population growth to prop up real estate while suppressing real wages. They were never ignorant. They were intentional. What you are suggesting is the opposite what they are trying to do

dsco 2y ago
Where is this goal documented? I’ve seen some very counter productive immigration policies in the EU, but using migrants as a way to preserve asset prices and suppress real wages is as creative as thinking the earth is flat.
- lotsofpulp 2y ago
  Politically, there are a lot of promised benefits that need to be delivered to old people and fewer and fewer working hands, meaning higher costs to deliver those benefits since labor prices rise. This would necessitate larger than desired tax increases on the politically influential. Solution: Reduce the quantity and quality of benefits as much as politically possible, but also import more working hands to reduce labor prices. That it helps support asset price increases is just an added benefit.
- ein0p 2y ago
  That is always the goal with unskilled immigration. It’s not a coincidence, for example, that in the US the Koch brothers and some conservative think tanks opposed closing the border as Trump was clamping down on it. They too like labor to be cheap - their wealth depends on it.
- ffgjgf1 2y ago
  > as creative as thinking the earth is flat. No, it’s just very basic (completely orthodox) supply/demand economics
cedws 2y ago
Exactly. Immigration has been a massive wealth generator - but only for a subset of people who own businesses, land, and real estate. That wealth hasn’t been fed back into the NHS or public transport, it went into their pockets.