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Driving rich people out of N.Y., I wonder if housing prices well come down. For Miami area, just another rich guy.
 
Driving rich people out of N.Y., I wonder if housing prices well come down. For Miami area, just another rich guy.
It won't.

The "rich" are relatively few.

Best way to lower rents fast, would be to get rid of all the illegals.

A landlord wanting to make profit from renting their property, is not the problem.

Too much demand for existing supply, is the problem.
.....and illegals place more demand on housing than do the relatively fewer number of rich people place on it.
....and it causes Americans would have been able to rent the places illegals took instead, to have to pay more elsewhere.

So getting rid of illegals is the fastest way to lower rents, and housing costs in general.
 
It won't.

The "rich" are relatively few.

Best way to lower rents fast, would be to get rid of all the illegals.

A landlord wanting to make profit from renting their property, is not the problem.

Too much demand for existing supply, is the problem.
.....and illegals place more demand on housing than do the relatively fewer number of rich people place on it.
....and it causes Americans would have been able to rent the places illegals took instead, to have to pay more elsewhere.

So getting rid of illegals is the fastest way to lower rents, and housing costs in general.



Deporting the illegals will also open up entry level jobs for young adults.
 
Deporting the illegals will also open up entry level jobs for young adults.
That too.

Also, we shouldn't forget the excess demand they create for food.

30 million extra mouths all placing more demand on the food supply.

Then when Biden let millions more in, that placed a lot of extra demand for food at a time when the supply of food had no way of keeping up.

Just like you can't greatly and quickly increase the demand for electric without also increasing the infrastructure that delivers that electricity, you cannot add millions of mouths to feed without also increasing the production of food by an equal amount.

Or you get price inflation of your food. Same as with higher demand for electric at a time they aren't building new base generation facilities. Ie: nat gas, coal, and nuclear.

So not only has the price inflation we have all seen in recent years in our food bills been caused by all the covid era money printing, but also by the increased demand the illegals place upon in.

Worse part is, the invasion is only on pause.

I saw recently where there are already large numbers being readied for a new wave of fake asylum seekers in anticipation of Dems winning big in the midterms.

Edited to add: with the idea that if the Dems can tie Trump's hands, caravans of people start swarming the border again.
Trump getting in and being able to stop it was just a first step of a generation + long process. The people pushing for this open border BS won't ever stop.
 
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