Housing Costs
Immigration affects housing costs
Sudden changes in population can change the economy, especially housing costs.
If 22 million extra people in the US suddenly died in a four-year period, the housing market would suffer. Empty houses would panic their landlord-owners.
The owners would begin lowering rents to fill vacancies - especially the landlord-owners with mortgages to pay. And landlords of single-family house might put their house up for sale rather than hold an unrentable house.
Here is the math:
When there are more rental units than people that need them, rental prices - fall.
And the landlords most likely to survive - are the ones without mortgages.
The people most likely to profit from this will be tenants-turned-home buyers, because rental owners with perpetually empty units - are more likely to sell single-family homes.
Supply and Demand.
Conversely,
If 22 million people immigrated to the US in a four-year period, the housing market would explode.
People would literally be camping in the streets to have a place to live.
The landlords could then be more selective about who they rent to.
Tenants with government-assisted rent might have a priority with some landlords.
Some investors would enter the housing market just for profits.
Houses normally cycling for sale to private owners would be converted to rental property,
which would mean few homes for sale, and thus -higher prices.
(These higher prices then, also raise our property taxes and home insurance.)
Here is the more math:
When there are more people than rental units - rental prices rise.
The landlords will see greater profits, and the rental sector will see more investors.
Both tenants and prospective home buyers will suffer from such a surge in immigration.
This current surge in immigration and rent and home prices is the Democrat response
to a national Democrat voter shortage caused by 50+ years of aborting future Democrat voters,
which makes them unable to win the white house without cheating.
Sudden surges in population causes economic opportunities for some -
and economic hardships for others.
In this scenario, the Upper Democrats are prospering as landlords
while the Lower Democrats suffer as tenants and wannabe-home-buyers.
Supply and Demand.
