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You can see it in the Japanese data. Japan is more or less closed to immigrants, is experiencing a (for now) slow population decline, and house prices are plumm
by drnick1 4mo ago
You can see it in the Japanese data. Japan is more or less closed to immigrants, is experiencing a (for now) slow population decline, and house prices are plummeting.
- deleted 4mo ago[deleted]
- JumpCrisscross 4mo ago> Japan is more or less closed to immigrants, is experienced a (for now) slow population decline, and house prices are plummeting Japan also famously builds lots of housing. (Agree they are a good example, though, for measuring these effects.)
- orwin 4mo agoJapanese data shows the opposite, unless you think they weren't a closed country in the 80s. In fact, Japan has been my counterpoint to anybody claiming the housing crisis was caused by immigration.