Hacker News new | ask | show | jobs
by vintermann 7 days ago
> Population growth has nothing to do with price increases?

People don't make prices increase, people times money makes prices increase. They're not entirely without money of course, but I don't think it's boat people outbidding you for the homes you want.

1 comments

No, it’s wealthy people buying and renting properties to less wealthy immigrants. Seems pretty obvious.
It’s almost free money! Migrants may not have money (refugees to be clearer, the UK receives a lot of migrants who come as highly skilled workers and those do have money) but they don’t need to pay for the rent, the Government does it for them in case you didn’t know. If you have a few houses to rent it’s really easy money.