More couples are now dual income than in the past, houses are becoming larger (and being built with higher quality materials), labour is more expensive, land is a scarce resource.
The housing crisis is hitting many countries, usually those which have performed economically well over the last decade or two.
Nippys4 on
You know this happened literally in every developed country right?
This isn’t a US specific problem
[deleted] on
[deleted]
One-Dot-7111 on
We also tend to build luxury homes instead of homes people who are local can afford
Kalibrimbor on
Thanks O’Biden.
LittleOperation4597 on
geeeee who would have thought this
hemmingwayshotgun on
Imagine literally believing that immigrants from South America are buying 350k++ houses and not giant corporations like Blackrock and that that poor people are responsible for this not rich executives.
The culture wars working exactly as intended.
Apothaca on
Lol dude said it was „all immigrants“ when the highest it got was 5-6%.
In 2024, foreign-born persons (i.e. people not U.S. citizens at birth) made up 19.2 % of the U.S. civilian labor force. (I emphasize labor.. as in the people who actually work, and generate wealth for the Nation)
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SS: [more reading](https://www.newsweek.com/h-1b-visa-holders-disappear-from-us-housing-market-10882216) – now if someone could do something about megacorps and foreign countries buying up land & housing.
More couples are now dual income than in the past, houses are becoming larger (and being built with higher quality materials), labour is more expensive, land is a scarce resource.
The housing crisis is hitting many countries, usually those which have performed economically well over the last decade or two.
You know this happened literally in every developed country right?
This isn’t a US specific problem
[deleted]
We also tend to build luxury homes instead of homes people who are local can afford
Thanks O’Biden.
geeeee who would have thought this
Imagine literally believing that immigrants from South America are buying 350k++ houses and not giant corporations like Blackrock and that that poor people are responsible for this not rich executives.
The culture wars working exactly as intended.
Lol dude said it was „all immigrants“ when the highest it got was 5-6%.
In 2024, foreign-born persons (i.e. people not U.S. citizens at birth) made up 19.2 % of the U.S. civilian labor force. (I emphasize labor.. as in the people who actually work, and generate wealth for the Nation)