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Comment by hypeatei

4 months ago

It's much easier to blame the out group for your issues. The US currently has a sizable percentage of people that believe ICE deportations are going to lower housing prices, for example.

3 comments

hypeatei

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frumplestlatz  4 months ago

Does supply and demand apply or not? Building houses increases supply. Deportations reduce demand.

  • hypeatei  4 months ago

    Immigrants make up 32.5% of construction workers[0] so without them we're unable to build new housing unless you have a solution to the falling birth rate and human capital. Also, they're more likely to reside with extended family or non-family members[1] (i.e. not eating up single family home supply)

    So yes, while they might have some effect on housing supply, deporting them won't make a dent in prices. If you believe that deportations = cheaper houses, then I have a bridge to sell you. Too many localities have strict building regulations that artifically keep housing prices inflated; deportations won't do anything to fix that.

    0: https://www.nahb.org/advocacy/industry-issues/labor-and-empl...

    1: https://news.cornell.edu/stories/2019/02/living-arrangements...