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by didibus
1928 days ago
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I don't think it's as simple as that. I tried to look it up a little, found this: https://financialpost.com/real-estate/immigrations-impact-on... Which concludes: > Research in Canada has shown that the overall impact of immigration on housing markets is modest at best in most cases. The effect could be substantial in the case of wealthier immigrants destined to select neighbourhoods. The more important realization is that an absence of immigration would result in a declining population and ageing of the workforce, which could have a much larger negative impact on Canadian housing markets. I'm not saying that this conclusion is the right one, but I just feel it's actually a much more difficult ECON problem, and cause/effect and figuring out what is best overall is non trivial, and I don't know if wealthy immigrants and high-paid worker immigrants are the simple straightforward explanation we'd all want it to be. |
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