@[email protected] to politics @lemmy.world • 2 months agoJ.D. Vance Blamed Immigrants for the Housing Crisis. Corporate Greed Is the Real Culprit.theintercept.commessage-square20fedilinkarrow-up1392
arrow-up1392external-linkJ.D. Vance Blamed Immigrants for the Housing Crisis. Corporate Greed Is the Real Culprit.theintercept.com@[email protected] to politics @lemmy.world • 2 months agomessage-square20fedilink
minus-square[email protected]linkfedilink42•2 months agoAmongst all of his lies, this one made the least sense. How could they possibly increase the cost of living when they barely meet it?
minus-square@[email protected]linkfedilink15•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-square@[email protected]linkfedilink2•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.
minus-square@radiohead37link1•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.
Amongst all of his lies, this one made the least sense. How could they possibly increase the cost of living when they barely meet it?
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
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.
I blame the zero interest rate the fed had during Covid. Now folks have locked their rate and have little incentive to sell.