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by ajkdhg 656 days ago
Yes, it distorts wages as a function of supply and demand. Workers cannot bargain, because corporations simply import new people.

In the EU it is done by both importing people and extending the EU eastwards. The quality of life has dropped dramatically in the original EU countries.

3 comments

> The quality of life has dropped dramatically in the original EU countries.

That doesn't reflect the reality that I see at all. The only area where quality of life is worse than previous generations is in property ownership - particularly in bigger cities and suburbs. But that's reflected across many industrialised nations from UK, Canada, NZ, Australia, so it's not a problem just limited to EU countries.

Otherwise the net price of "stuff" from electronics, cars, food, clothes, shoes and household accessories have fallen a lot in real terms and people have lots more than ever before - maybe too much ?

Yes we all have seen how the UK got rid of those pesky EU FoM Eastern Europeans and replaced them with Asians that accept an even lower salary
> The quality of life has dropped dramatically in the original EU countries.

This is, on the whole, bullshit.

I think you'll find people in the EU compare their situation to the economic situation of their parents. That comparison goes very badly. In the 70s-80s-90s an uneducated worker could support a "suburban" house (newly built, that they'd own after 20 years or so and retire in), stay-at-home wife, car, send 2-3 kids to school and college and have money left over for a yearly holiday with 5 people.

Compare that to even a current PhD making 3k euros per month with house prices starting at 300k for pretty bad (certainly not newly built) and smaller than the one their parents had, and they find they can't afford it on 2 full-time wages.

So "quality of life has dropped dramatically". Yes. Yes it has. In other ways quality of life has advanced, yes, but the basics ... the basics are a disaster.

And this is the situation in the most economically prosperous side of Europe. Ireland, the Netherlands, Belgium, Nordics, France, Germany. If you do the same comparison in the middle or south of France, Northern Italy or Spain it'll be 10x worse. If you do it in Portugal, Southern Italy or Greece, it'll be 100x worse, hence everybody is leaving. And if you do it in Eastern Europe it'll be even worse: everyone (who even remotely can) HAS left.

> In the 70s-80s-90s an uneducated worker could support

Then the entire West started buying cheap from China and imposing rigid environmental constraints locally, and manufacturing jobs left forever.

Also we still had gas and oil from the north sea. Since the production peaked, energy is expensive, thus everything is.
your basic point is that the cost of housing has increased to levels that are making life difficult for most people.

However the language you use is exaggerated to the point of hysteria, which kind of undermines everything you say.

Also, your original point was about immigration. There is a housing crisis even in countries with relatively low levels of immigration, which indicates that other factors are at play.

> . If you do it in Portugal, Southern Italy or Greece, it'll be 100x worse, hence everybody is leaving. And if you do it in Eastern Europe it'll be even worse: everyone (who even remotely can) HAS left.

While there are high levels of emigration in these places, what you're saying is exaggerated to the point of being bullshit.