[bijowo1676]

OpenAI and Anthropic and others are paying millions to hire qualified people, yet they still have to hire H1Bs.

Dont tell me there are no Americans willing to take a million dollar job and these foreigners are causing wage decreases, despite tech salaries showing only increasing trend. Theres never been a year when tech salaries have decreased, not in 2008, not in 2000, not in 2020.

Its all hockey stick growth for tech people.

Housing supply is blocked by American citizens, mostly boomers, who oppose any development and oppose public transit. You cant blame foreigners for something that your fellow citizens are doing

Re Canada: I believe there is strong money laundering money flow in Canadian RE that has nothing to do with immigration. Its all illicit money being laundered by Canadians themselves

[dani__german]

Boomer zoning laws do affect housing supply by reducing supply.

Immigration affects housing demand by increasing demand. These are both effects. They are both bad.

The solution options are: 1. Destroy zoning and keep immigration the same and go full Favela mode 2. 0 out immigration and keep having nice, but too expensive houses 3. address both problems and absolutely crater housing prices, thus giving the youth a place to grow and have families.

We do need to address both sides of the issue. Don't forget that there is both Supply, and Demand for any economic item.