The entire reason that they say that is because there will be “less workers to build houses” lol. It’s based on the ridiculous and false idea that all these immigrants we’re bringing in are building houses, which they aren’t because we’ve brought them in in record numbers yet houses aren’t being built at record numbers, are they?
Also you ignored all this from the article didn’t you? Why is that?
On the other hand, a smaller labour force means employers have to compete harder to attract workers.
That means wages would be 7.5% higher after 10 years of no migration, and the unemployment rate would be 0.2 percentage points lower than the base case.
@FreedomAdvocate
Sorry, can you point out the part of the article where it says that ‘there will be “less workers to build houses” lol’. Your reading comprehension is as bad as your grasp of economics. Yes wages would be higher but inflation would negate any benefits to the workers.
Your claim that migrants worsen the housing crisis is not based on evidence, because the actual evidence says the opposite is true. And given the way you double down in spite of that seems a lot like it’s a made-up justification for your xenophobia. Walks like a bigot, quacks like a bigot.
That’s because, Rynne says, the lower demand for housing is overwhelmed by the drop in the number of workers available to build homes.
I honestly dont understand how anyone can deny that increasing demand without accordingly increasing supply, which we factually are not, hurts availability and affordability. Like, this is supply and demand 101. It’s one of the most basic concepts in business, and the entire world.
Keep throwing around insults because you can’t actually have a good discussion, it definitely makes you look smart.
@FreedomAdvocate
So somehow you believe the bit where decreased supply in the labour market leads to higher wages, but not that it means that there is a, you know, decrease in the number of workers? Much smart, very genius.
Tell me more about your economics insights that show their modeling is wrong. We all stand to learn here, given that your PhD obviously comes from the University of Vibes, Man.
@FreedomAdvocate
Oh, and your made-up “facts” about housing supply are also from the “they come here and take our jobs” school of economics, and it is simply not true. In the past 10 years Australia’s population has increased by 16%, but the supply of housing has increased by 19%. We’re building housing faster than we’re growing the population.
You’re ignoring the evidence and promoting misinformation about migrants. Tell me again how you’re not a fucking racist.
If you believe that you’re way too far gone.
The entire reason that they say that is because there will be “less workers to build houses” lol. It’s based on the ridiculous and false idea that all these immigrants we’re bringing in are building houses, which they aren’t because we’ve brought them in in record numbers yet houses aren’t being built at record numbers, are they?
Also you ignored all this from the article didn’t you? Why is that?
@FreedomAdvocate
Sorry, can you point out the part of the article where it says that ‘there will be “less workers to build houses” lol’. Your reading comprehension is as bad as your grasp of economics. Yes wages would be higher but inflation would negate any benefits to the workers.
Your claim that migrants worsen the housing crisis is not based on evidence, because the actual evidence says the opposite is true. And given the way you double down in spite of that seems a lot like it’s a made-up justification for your xenophobia. Walks like a bigot, quacks like a bigot.
Sure, right here:
I honestly dont understand how anyone can deny that increasing demand without accordingly increasing supply, which we factually are not, hurts availability and affordability. Like, this is supply and demand 101. It’s one of the most basic concepts in business, and the entire world.
Keep throwing around insults because you can’t actually have a good discussion, it definitely makes you look smart.
@FreedomAdvocate
So somehow you believe the bit where decreased supply in the labour market leads to higher wages, but not that it means that there is a, you know, decrease in the number of workers? Much smart, very genius.
Tell me more about your economics insights that show their modeling is wrong. We all stand to learn here, given that your PhD obviously comes from the University of Vibes, Man.
We’re not bringing in builders via immigration.
@FreedomAdvocate
Oh, and your made-up “facts” about housing supply are also from the “they come here and take our jobs” school of economics, and it is simply not true. In the past 10 years Australia’s population has increased by 16%, but the supply of housing has increased by 19%. We’re building housing faster than we’re growing the population.
You’re ignoring the evidence and promoting misinformation about migrants. Tell me again how you’re not a fucking racist.
https://australiainstitute.org.au/post/is-population-growth-driving-the-housing-crisis-heres-the-reality/
Now do the last 5 years.