Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Wild claim: “All immigration is driving the US housing crisis” . . .



Photo above - Earth to "The Hill" . . . these guys are building homes, not keeping us out of them. Can we have them put hardhats on though? Medical care in this country is insanely expensive.

Let me set 2 expectations:

First – I do not condone or approve of illegal immigration. Migrants are akin to squatters or shoplifters. But we’re unlikely to solve the housing affordability crisis by mass deportations of illegals.

Second – LEGAL immigrants are a net plus for America. They do things like provide medical care, work in STEM/tech jobs, and build new homes. Stopping LEGAL immigration is going to cost us, and again, it will NOT result in home prices falling.

The link below ("The Hill") accusing LEGAL immigrants of driving the housing problem is dead wrong.

The problem is – and always has been – the reluctance of politicians, wealthy neighborhoods, and “parks and recreation” fans to concede an inch of land to affordable housing. It’s always a litany of things like: Too much density; unattractive design; blocks my view; changes “the character” of our community; gives away pristine land that should be reserved for spotted owls and pickleball courts.

If you doubt any of this is true, turn off Netflix and show up at your town’s next zoning board hearing. The starting point for every piece of land is “suburban single-family home on a quarter acre lot”. If you want something rezoned for rowhomes, townhomes, apartments, mobile homes, condos . . . well then everybody has to agree to that change. And almost nobody embraces change, least of all the wealthy and our career politicians who depend on them for campaign contributions.

I’m not going to rant against the ICE killing in Minneapolis. I’m not going to exonerate it either. Let a grand jury look at ALL the footage, and decide on what charges, if any. I’d rather a grand jury of 12 honest citizens follow the written laws rather than listen to politicians hijack this tragedy for their own gain. That said, I hope I’m not shot in the head the next time I fail the common sense test at a traffic stop.

I’m just sayin’ . . .


https://www.msn.com/en-us/news/politics/opinion-it-s-not-just-illegal-immigration-driving-the-housing-crisis-it-s-all-immigration/ar-AA1U7CCs?ocid=msedgntp&pc=HCTS&cvid=69663f7984214612ba105a3eb4c26e0c&ei=74


Opinion: It’s not just illegal immigration driving the housing crisis; it’s all immigration
Top | New | Old
This comment is hidden. Show Comment
SusanInFlorida · 31-35, F
@G7J2O i adhere to the rule of law. present the evidence to a grand jury. obtain an indictment if they agree. proceed to trial.

ranting on social media simply defines the ranters as partisans
G7J2O · M
@SusanInFlorida What worries me is that there will be no trial. Ross hasn't even been arrested.
Subsumedpat · 41-45, M
Biggest drain on housing is investors snapping up houses to make rentals out of them and hike the prices.
Crazywaterspring · 61-69, M
@Subsumedpat Bingo! My neighbors (who rent) were looking for a place to buy. All the new subdivisions have already been bought up. Investors are one reason why housing is stupidly expensive.

Daily I get calls and texts from investors. Nope, not selling for less than a million euros. Not US$. € euros.
SusanInFlorida · 31-35, F
@Subsumedpat that doesn't reduce the total number of houses. it simply transfers ownership. the number of houses remains the same, unless they're torn down to make way for a golf course.
SusanInFlorida · 31-35, F
@Crazywaterspring companies couldn't collect those surprising rents if it wasn't for the fact that houses were in short supply. if the properties are being occupied, then the rent is market correct for the conditions.
That is a lot of words. Isn’t the main driver that folks with low mortgage rates and paid off houses have zero reason to move? Houses are being built however folks are priced out by the combination of big price rags and high mortgage rates? Builders and developers are focused on high profit projects such as McMansions and over 55 communities?
SusanInFlorida · 31-35, F
@jackjjackson people with paid off houses have LOTS of reasons to move:

1 - downsize to reduce taxes and utilities
2 - cash out to fund retirement expenses
3 - pass the home onto children before they die, and probate court delays the process
4 - can't afford repairs (new roof, new furnace, new AC, new windows)

 
Post Comment