Post #1434 by jerryab on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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deportation of hundreds of thousands, or millions, of immigrants, would free up a lot of "affordable" housing.

Don't expect it. The immigrants being deported tend to live in the lowest cost housing. Thus, developers will pay premium prices in order to tear down the existing buildings so they can build whatever they think will sell at a fat margin. They will have no problem combining two adjacent lots in order to have enough room for the bigger house to be built (with all its amenities). So there is actually *less* housing available than previously.

Require the McMansion owners to pick fruit and vegetables because they displaced the homes of those workers--yet those owners still want everything they desire "on demand" (i.e. fresh-picked fruits and vegetables as two examples).

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