There are more than enough houses for the global homeless population overall. It’s the borders and high rents that are keeping them on the streets, not prospective immigrants.
Like most economists, they believe it is a supply problem. But more importantly, they claim that many North American contractors downsized or went out of business during the 2008 mortgage crisis, that industry never scaled back up, and were simply not building at the rate we were 20 years ago.
In other words, we need to incentivize and more people getting into construction.
(And now the construction industry is worried that Mexican labor will get deported under Trump, so, oof)
Yes, please move to those places. I would love to house everyone, and would pay greatly to do so. But as we can see the political landscape really does not currently allow such acts.
There are more than enough houses for the global homeless population overall. It’s the borders and high rents that are keeping them on the streets, not prospective immigrants.
The guy above you is pretty rude, but if you’re curious, The Daily had a good piece on housing prices.
https://www.nytimes.com/2024/09/24/podcasts/the-daily/housing-crisis-michigan.html
Like most economists, they believe it is a supply problem. But more importantly, they claim that many North American contractors downsized or went out of business during the 2008 mortgage crisis, that industry never scaled back up, and were simply not building at the rate we were 20 years ago.
In other words, we need to incentivize and more people getting into construction.
(And now the construction industry is worried that Mexican labor will get deported under Trump, so, oof)
Yes, please move to those places. I would love to house everyone, and would pay greatly to do so. But as we can see the political landscape really does not currently allow such acts.