In the long-term yes, but in the short-term, housing takes time to build, so there’s going to be a lag. During that lag, it can cause problems.
Comment on Why limit immigration?
Cryophilia@lemmy.world 6 days agoThis might be me projecting, but I think lack of housing stock is driven by NIMBY policies intentionally restricting stock, and not by some unchangeable market force. It doesn’t have to be a limiting factor, at least not as much as at present.
eatthecake@lemmy.world 6 days ago
When i was a kid even poor people had a 3 bedroom house on a quarter acre block. I know someone who rents the balcony of a 2 bedroom flat and shares with 7 other people., all of them are migrants or international students. Oddly enough, i live in a house that was built in a backyard. A cheap, crappy new investment property made to capitalise on the housing crisis. We’ve had more than two dozen tradesmen visit in a couple of years so i wonder how that investment’s working out. This is not progress.