this post was submitted on 28 Jul 2024
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Housing Bubble 2: Return of the Ugly
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That wouldn't solve any issues, it would just replace to population
The problem is not having enough young people to balance out the eventually aging of the GenX and Millennial generations. If things get too top heavy on the elderly side, the entire house of cards that is consumer and service driven capitalism tends to start toppling over. Immigration has traditionally helped in this regard by providing younger labor and tax base when native populations fail to keep up.
By raiding and gutting SocialCare, Medicaid and Medicare and government emergency funds, the US Govt and State govt and other govt orgs have been running up the debt like crazy. Only way that debt and spending continues is by having a working population that steadily grows and increases each individual output while cutting back what they can consume.
Starvation wages and rampant inflation is easy way for govt and private orgs to extract wealth from the working populace.
So wait, when all the boomers die and it topples over, does housing get affordable again?
Hmm, yes; replace a population of immigrants with checks notes another population of immigrants. Yes indeed that is somehow a problem.
/s
Especially in the US this ‘worry’ is ridiculous and a dogwhistle.
the one that built the country has every reason to govern who gets to live with them and who doesn't
What issues are you having in mind?