return2ozma@lemmy.world to politics @lemmy.world · 2 months agoJ.D. Vance Blamed Immigrants for the Housing Crisis. Corporate Greed Is the Real Culprit.theintercept.comexternal-linkmessage-square20fedilinkarrow-up1394arrow-down18
arrow-up1386arrow-down1external-linkJ.D. Vance Blamed Immigrants for the Housing Crisis. Corporate Greed Is the Real Culprit.theintercept.comreturn2ozma@lemmy.world to politics @lemmy.world · 2 months agomessage-square20fedilink
minus-squareexpatriado@lemmy.worldlinkfedilinkarrow-up15·2 months agoi think the logic is that more people for the same amount of houses, although construction itself relies on immigrant labor, so is self correcting
minus-squareradiohead37@lemmynsfw.comlinkfedilinkarrow-up1arrow-down1·2 months agoI blame the zero interest rate the fed had during Covid. Now folks have locked their rate and have little incentive to sell.
minus-squareFox@pawb.sociallinkfedilinkarrow-up2arrow-down13·2 months agoAs long as that’s the labor the immigrants are intending to do… Otherwise you get a situation like Canada has where IT professionals from India arrive to find they have few job prospects but still need a place to live.
i think the logic is that more people for the same amount of houses, although construction itself relies on immigrant labor, so is self correcting
I blame the zero interest rate the fed had during Covid. Now folks have locked their rate and have little incentive to sell.
As long as that’s the labor the immigrants are intending to do… Otherwise you get a situation like Canada has where IT professionals from India arrive to find they have few job prospects but still need a place to live.