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Comment by 123yawaworht456

1 year ago

great idea. drive the property prices up, drive the wages down. that will totally help* the TFR :^)

* please disregard the data that shows that it doesn't help at all.

I find it hard to believe that the private equity groups which each own dozens of properties in my region is run by immigrants for less than the median wage. That said, were you to share any data, I'd be more than happy to regard it.

  • who do they sell/rent those properties to?

    • A growing number remain empty, hundreds of thousands of homes are unoccupied in the United States, especially rentals.[1] It turns out multiple billion dollar corporations can afford to keep homes empty in order to raise the price of their assets. Also, just think about what you're saying. Do you really think someone who makes less than you do, without any credit history, is purchasing a home that's out of your price range? If making less money would help you afford a home, I'd be happy to take it off your hands. :)

      [1]: https://data.census.gov/table/ACSDP5Y2023.DP04?t=Housing+Uni...

      2 replies →

Immigrants are able to build homes, thereby helping make property more affordable, if they're not stopped by a bunch of massively hypocritical "liberal" NIMBYs making it illegal to do so.