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Housing prices will not go down...


               
2025 Jan 2, 7:23pm   34,585 views  674 comments

by anon5525   follow (0)  

... because immigration will not go down. Housing prices are controlled by supply and demand. There is no space in any urban area to build more housing. None. You can't insert land between two streets. The only way to increase supply is to steal people's homes through eminent domain and tear them down to build higher density apartments

So the only way to decrease real prices is to decrease demand, and the only way to do that is to kick out all illegal immigrants and anchor babies. Will Trump do this? Almost certainly not. Even with control over all three branches of the government, the Republicans are not going to get rid of all the illegals who are driving up housing prices and social welfare costs. I wish that I was wrong about this, but I'm not.

The United States population reached 200 million on November 20, 1967. If there was no net migration, then the U.S. population have stabilized to about 220 million. Instead, the population is 335 million. This is why housing is so expensive. This is why rent is so damn high. This is why the younger generations cannot afford to have children. This is why the only way to keep the population from falling is to import massive numbers of unskilled, uneducated, and often criminal immigrants. Both parties are responsible for this: democrats for importing voters and republicans for importing farm laborers. Both parties want cheap labor.

When you import massive numbers of low-iq, low-skill workers, your per capital GDP declines relative to where it would have been otherwise. Yes, technological advancements mask this because technology increases GDP faster than low-skill immigration decreases it, but most of those gains don't get seen by the middle class.

Since both parties, and their corporate overlords, are benefiting from the current system, immigration will continue and housing prices will also continue to rise. I suppose I shouldn't care since I own and have a 2.25% mortgage that is being eaten away by inflation, but anyone young enough that they having bought already is fucked.

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674   HeadSet   2026 Jan 24, 8:27am  

Booger says

When you are putting 10-12 adults to a house, they don't have to be rich.

That is what happened in Manassa and Price Wiliam County in VA. A judge through out local ordinances that prevented over a certain number of unrelated folks living in a single-family abode.

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