My friend claims houses will never be affordable again if we keep deporting illegals from the US because their cheap labor is what made them affordable in the first place. Is he right?
>>62814863are we deporting houses or illegals?
Call ice on your friend
Houses were cheaper before illegals and also there are way more illegals occupying the housing market and driving up prices due to demand than there are illegals building houses for cheap.
>>62814863No. Illegals need places to stay and that incentivizes corporations to buy them up and rent them. Illegals are not building more houses and apartments cheaply, boomer regulations make building near impossible for everyone, legal or not.It's old fucks blocking price drops.
>>62814890my whole neighborhood has 1 hispanic household (and it probably is illegals because there are like 12 cars there)meanwhile white boomers from california buy up every new construction house cash
>>62814863until labor force participation rates improve (which they wont because the social contract is broken), we will need to keep importing more third-worlders as cheap labor to support the social security ponzi. if you think deportations are reducing the foreign population by more than 1%, you're wrong. America is addicted to Low Caste workers and always wants to keep them around.Yes 1% of illegals does make an outsized impact in certain markets like home-building, but there are plenty of legal "red blooded american laborers" LOL who fill up that void.
>>62814902the area i grew up in is like 85% working class uneducated latinos because in the 80s they gave a bunch of them citizenship and instead of learning finance or getting educated they just popped out a bunch of kids creating a generational cycle of edgars
>>62814863I want America to flood with immigrants to pump up the economy and my assets. Then in like 30 years I'll move to Ireland or somewhere
>>62814863It happens in waves, problem with housing market now is if any wiff of panic happens the housing market will shit its pants and the entire american economy with it.Housing wants to come down, housing wants to crash.The US gov is propping it up at all costs right now.Global pop has already peaked recently so less humans every day from here on out, for at least 100 years
>>62814863When the great reset arrive Housing will be fully nationalize because like war economy, housing speculations are not scalable and doomed to fail in long term. Massive immigration is different not related issue aiming to replace bad Goyim
>>62814863Your friend is a jew
>>62814880Illegal houses
>>62814863The main barrier to housing being constructed isn't labor anymore so it's better to ditch them now
>>62814863Your friend is wrong (unless you live in Texas or the Carolinas specifically, in which case maybe right)If you live in a very high cost area of living place with building construction limits, the way to get costs down is to make it legal to build more dense housing. The problem isn't the cost of building, but that you can't at any price.If you live in some area that is cheap and emptying, the housing stock is mostly existing and drifting down, so the way to get prices lower is for the Californians and New Yorkers to move back where they came from so locals can buy instead. The way to do that is same as above: force the coastal areas to allow more building.If you are in one of the rare places with more demand than existing housing and where it is still legal to build like Texas, North Carolina, etc. then yes, pushing up the price of construction will impact housing costs where you are.
>>62814863if there was no cheap labor imported and wages weren't devalued by a race to the bottom. you would have been able to buy a house
>>62814863No completely wrong. Houses are worth more in comparison to labor cost today than they were in the past. Its only cheaper for construction companies not for consumers. House prices are determined by peoples ability to finance them. Higher interest rates lower house prices. FHA loans are the majority of home loans now and only require 3.5% down.
>>62814863spics are negative moneyeach spic is roughly -700k for the taxpayer per fucking spic, and that's based on old numbers not adjusted for inflation.You might get a "cheaper" house but you actually don't when you net in how much they are a burden to society.
>>62814863You cannot ugly 3d printed house.
>>62814863What were they building their own houses for?
>>62814863Some fag told me that I should be greatly to the illegals/migrants because with out them I wouldn’t have a job
>>62814863He's a moron incapable of basic economics. Illegals compete with you for housing. Illegals normally have one (1) worker "contributing" to the economy and infinite blood relatives they bring over to sponge and parasite.
>>62814863Your friend is a retard.As this person points out >>62814893 housing prices are artificially inflated by market manipulation. Saying they are doing it for American homeowners is just a lie. It would generally be more advantageous to the average American if houses were cheap (i.e. the American Dream). Real estate investors/agents, landlords, big businesses, car/gas, and city governments all greatly benefit from housing prices being high.The price of housing is largely determined by supply and demand. Here's how the market manipulation works. Supply is kept low through zoning, building restrictions, and regulations. All make it harder/impossible to increase the supply of housing and thus raises the value of existing housing.Demand is also artificially increased. City governments get tax money for each person working in their city, so they have an incentive to pile as many people in as possible. One way they do this is by offering tax breaks and subsidies to businesses to locate in their city (on the condition that they bring workers to the city). Thus businesses force workers to cluster near cities. This drives up demand for housing in cities, though workers would spread out to more affordable/scenic areas if it didn't mean becoming unemployed.The pandemic accidentally exposed this. Forcing everyone who could to work remote showed that they didn't actually need to live near work. When people started a mass exodus from congested shitholes like Cali, is when they panicked and started massive return to office kick. Govs simply threatened to remove tax breaks from businesses and the chain was swiftly yanked.So that's the fix. 48% of workers can work fully remotely. >https://econofact.org/essential-and-frontline-workers-in-the-covid-19-crisisAllowing this would send people away from cities, torpedo housing prices, end traffic, lower gas consumption, and drastically improve QoL for the average American. But gov and business hold the reigns and won't.
>>62815721You're mostly right, but remote work is also what nationalized the government-created housing crisis from HCOL areas to pretty much everywhere. California making it more or less illegal to build new homes at scale in the 70s was mostly a California problem with a bit of leakage, then remote work hit and bam, it's an everywhere problem. For housing in the places where it used to be cheap to become so again in the era of remote work, Cali has to be forced to build again.
to show you how fucked housing ismy dad built a cat house the other daytook him like two hourslooks like an actual house with vinyl siding, asphalt shingles, a wooden deckwhat he did was basically illegal for a human, not even a 2 story house, jus a wall that supports a ceiling would get torn down most likely to show you how far humans have regressed, the amish have it right
>>62814863Your friend is mentally challenged, lmao
absurd and it is not a legitimate contender for global adoption.
have over the token
>>62814863No. We have 100 million people in this country occupying housing supply who are migrant economic parasites. They get FHA loans. Ask your friend why EVERYTHING was better and more affordable and the products didn't suck pre-globalization/mass-importation.
>>62815458How did they fuck up geometry do badly on a machine
>>62814863Is he stupid? They are already unaffordable. Also illegals are terrible at making new houses.
>>62814863its true i will neber sell
>>62814863Your friend didn't say that, this is a fictional imaginary dialogue that you created for bait and engagement on 4channel.org
>>62814863in an AGI world with no scarcity the only thing that is scarce is land. Its now or never
>>62814863My friend says total animefag death
>>62818094>post scarcityIts never happening you marxist idiotThere's a physical limit to materials we have available and no amount of wishful thinking is going to change that
>>62814863US houses are affordable because theyre made from cardboard not any other reason
>>62814902>it probably is illegals because there are like 12 cars thereThis is a reliable mark of a thirdie clown car house. Something to watch out for if you're touring around looking at places to move to/buy. Street of houses all with double garage and double driveway, driveway occupied with two cars and a third half on the lawn + all street parking along the whole way occupied as well, that's thirdie territory. Even if it looks nice, your neighbors will be loud, there will be cars racing up and down this street 24 hours a day, they will not care for their properties and your property value will drop fast with each passing year.
Cheap labor never made them more affordable lmao, they only increased the profit margin if the RE developers
>>62814936>picIn china houses are the primary investment vehicle for speculation because the companies there already exist in the public domain so you can’t buy stock in them. They have ghost cities with apartments that were only built as investment properties.
>>62819567Raw materials being doubled what it was pre pandemic is also a major problem. Remember the whole supply chain issue and how they "promised" to lower prices once it was resolved and they never did.
