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NYTimes: Immigration Spikes Housing Costs
Breitbart ^ | 10/09/2022 | Neil Munro

Posted on 10/09/2022 10:33:51 AM PDT by ChicagoConservative27

Mass migration has quickly spiked Canadians’ housing prices and rapidly reduced the share of Canadians who can own homes, admits the pro-migration New York Times.

“Basically southern Ontario has become unaffordable” amid a massive inflow of immigrants, real-estate agent Bryan Adlam told the newspaper for an October 8 article, and added:

“I have two clients I have right now whose budget is $500,000 to $600,000, which is not chump change,” he said. “Are they going to be renters for life? Probably. Has owning a home become unattainable for someone on the lower income echelon? I would say, yes.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Canada; Foreign Affairs; Front Page News; Government; US: New York
KEYWORDS: aliens; breitbart; chat; costs; defundthepolice; ericadams; fakenews; housing; housingcosts; illegals; immigration; mediawingofthednc; migrantsurge; neilmunro; newyork; newyorkcity; newyorkslimes; newyorktimes; nyc; ontario; partisanmediashill; partisanmediashills; realty; ronklain; sidebarabuse; sidekarenabuse; spikes
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Virtue signaling has its consequences.
1 posted on 10/09/2022 10:33:51 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Ironic coming from one of the largest media peddlers and advocate of free and unlimited illegal immigration...../s


2 posted on 10/09/2022 10:35:28 AM PDT by cranked
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To: ChicagoConservative27

Yes, a small price to pay for entry into the Smug Club.


3 posted on 10/09/2022 10:37:18 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: ChicagoConservative27

If Hispanics turn Republican, the left will be screaming for a border wall... and it looks like Hispanics just might be turning


4 posted on 10/09/2022 10:51:32 AM PDT by imabadboy99
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To: imabadboy99
If Hispanics turn Republican, the left will be screaming for a border wall... and it looks like Hispanics just might be turning

They will just import them from somewhere else. Go ready about the population explosion that is occuring in Africa.
5 posted on 10/09/2022 10:56:51 AM PDT by wareagle7295
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To: ChicagoConservative27

I lived and worked in Vancouver 1982-85. During that time, mass immigration took place from Hong Kong.

A business friend grew up there and then raised his family in a middle class Vancouver neighborhood.

One day there was a knock on the house door. A real estate agent offered him C$1M - cash - for his house. They did the same for the neighbor’s house.

Both were torn down and one McMansion was built on the two properties.

Money talks even is socialist Canada, eh?


6 posted on 10/09/2022 11:00:15 AM PDT by llevrok (Pronouns: Me/myself/& I)
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To: ChicagoConservative27

Canadians?

Then just imagine what it’s doing for Americans’ housing costs.


7 posted on 10/09/2022 11:01:50 AM PDT by 9YearLurker
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To: ChicagoConservative27

Duh. We already have a housing crisis, so the left’s response is, “Let’s make it worse. Let the peons suffer. Ha ha!”


8 posted on 10/09/2022 11:03:49 AM PDT by Steve_Seattle
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To: 9YearLurker
Canadians?

"With all their beady little eyes and flapping heads so full of lies!"

9 posted on 10/09/2022 11:04:12 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27

I’m sure that article did not cover that home ownership is very important to the stability of an area. Investing in a house leads to may desirable traits which only having renters does not.


10 posted on 10/09/2022 11:09:59 AM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: ChicagoConservative27

well, them 2million ILLEGALS gotta live someplace...


11 posted on 10/09/2022 11:12:48 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Steve_Seattle

Just like over here.

Have the members of the International Power Elite all been dropped on their heads, for Pete’s sake? :-(


12 posted on 10/09/2022 11:18:05 AM PDT by Menes
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To: ChicagoConservative27

Ironically, lack of immigrant Hispanic labor in one of the major reasons for rising housing costs. Immigrants were hard workers, more productive than most citizens for the drywall, roofing, flat cement, etc that they did.

At the start of the anti-illegal movement it was stated and asked. “There is a cost to the anti-illegal policy”. Are we willing to pay that cost?


13 posted on 10/09/2022 11:30:48 AM PDT by spintreebob ( )
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To: ChicagoConservative27

How did they ever figure that out? Sheer geniuses in New York City and the NYT. They have discovered supply and demand!

Wow! Maybe they will next discover why apples fall out of a tree. People have been puzzling over that for centuries.


14 posted on 10/09/2022 11:57:03 AM PDT by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: ChicagoConservative27

And suppresses wages.


15 posted on 10/09/2022 12:20:51 PM PDT by EEGator
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To: ChicagoConservative27
Mass illegal migration has quickly spiked Canadians’ housing prices and rapidly reduced the share of Canadians who can own homes,
16 posted on 10/09/2022 12:25:36 PM PDT by Signalman
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To: ChicagoConservative27

Oh gee theres that supply and demand again


17 posted on 10/09/2022 12:35:20 PM PDT by A_Former_Democrat ( Liberty Valance Time. The point of a gun is the only law the left understands)
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To: ChicagoConservative27

Ahhh gee ....


18 posted on 10/09/2022 2:08:35 PM PDT by Tennessee Nana
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To: ChicagoConservative27
Consequences for turning away from God in Deuteronomy 28:

Verse 43: The alien who is among you shall rise above you higher and higher, but you will go down lower and lower.
Verse 44: He shall lend to you, but you will not lend to him; he shall be the head, and you will be the tail.

19 posted on 10/09/2022 8:09:20 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

20 posted on 10/09/2022 9:07:46 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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