this post was submitted on 02 Aug 2023
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Immigration isn't driving the housing crisis, though. Real estate speculation and short-term rentals are.
Massively tax short-term rentals and non-primary-resident housing and watch the problem go away
Immigration doesn't help. We let a million people into the country last year and only built 250k housing units.
It's not driving the crisis, but it's making it a lot worse.
Here's another report that says it's an important factor.
https://sh.itjust.works/post/2211653