5 ms·
Tied to immigration levels, more cheap labor, more labor competition, wages go down. Immigrants willing to live 2 to a bedroom, rise in rent prices.
by dukeofdoom 1mo ago
Tied to immigration levels, more cheap labor, more labor competition, wages go down. Immigrants willing to live 2 to a bedroom, rise in rent prices.
- p_j_w 1mo agoThe paper does not say this.
- dukeofdoom 1mo agoBased on lived experience in Canada. 5 million new immigrants added to the 36 million population from 10 years ago. So 14% of the total population. Record immigration, crazy increase in housing prices, stagnant wages and youth unemployment. If the paper came from Academia, it already went through lots of political allegiance filters, and taboo topics like being critical of immigration. Article debunks itself, when source can't be trusted.
- p_j_w 1mo agoYou’re welcome to do your own scientific study. “Lived experience in Canada” doesn’t cut it.
- m4ck_ 1mo agoI thought Trump fixed that? Shouldn't caging/deporting 2000+ people a day have a dent at some point? What do you blame when the immigrants are all gone? Personally I'm pretty sure it's more about the value of property and the limitations on construction that wealthy property owners put in place to block development (which would lower property values.) Property values go up -> costs rise (taxes, insurance) -> rent increases. That and the fact that the government and corporate america (same thing really) want all development to happen within existing major metro areas. There's plenty of cities and towns with cheap housing, but they lack employment opportunities.
- dukeofdoom 1mo ago[dead]