Mass Migration’s Hidden Cost: Runaway Housing Prices
December 15, 2018
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Dale L. Wilcox
As America confronts its problems related to immigration, we are frequently reminded of the more obvious, direct consequences of our policies. They include crime, the threat to national sovereignty, and a drain on social services. Below the surface, we find that a poorly controlled, mass influx of foreign nationals has other undesirable effects. Chief among them is a scarcity of housing and a spike in housing costs for all citizens. Other countries are struggling with this issue, and the United States should view them as case studies in dealing with a problem that is already causing significant hardship for Americans.
While on the campaign trail recently, Australian Prime Minister Scott Morrison proposed a solution to his country’s housing inflation and infrastructure problems which policymakers here in the U.S. would likely find surprising: reduce immigration. Although obvious to most Americans, at least those in fast-growing areas, the connection between high population growth and pressure on housing and infrastructure simply isn’t made by U.S. politicians and policy analysts. It should be.
http://www.irli.org/single-post/2018/12/15/Mass-Migration%E2%80%99s-Hidden-Cost-Runaway-Housing-Prices
