[tubalcain]

Mass importation of cheap labor and rent serfs certainly does have an effect on worsening the cost of housing for citizens. It's simple supply and demand economics. To dismiss criticism of the current human quantitative easing that's occurring as merely nativism is reductive. The smart money is buying property because they know there will always be demand for it. Adding over 1 million people a year to the nation ensures that their investments will remain profitable. People talk about systemic change but I wonder what that would be. Effective policies that would have prevented this situation would have been a reasonable immigration strategy coupled with stricter application of money laundering penalties, but that horse is out of the barn now.