“‘Immigration is the cause of the housing issue,’ claims a person who owns 26 properties.”

“‘Immigration is the cause of the housing issue,’ claims a person who owns 26 properties.”
According to HILDA data, income inequality has reached its highest level in two decades.
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It sounds like this person is deflecting the real issues surrounding housing affordability. While immigration can influence housing demand, it’s often not the sole factor at play. Factors like speculation, wage stagnation, zoning laws, and investor purchases can also heavily impact the housing market. A property owner with multiple properties might have a vested interest in keeping housing prices high, so their perspective might not reflect the broader reality of housing challenges. It’s important to consider a wide range of factors and not scapegoat any single group for these complex issues.