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GasVeteran | 1 year ago
There was problems with houses becoming to expensive (there are multitude of reasons for this) while we were still in the EU. Part of this was also do with the monetary policy of central banks after the 2008. Part of this is there is a shortage of housing. There was problems with utilities well before we left the EU, because of mismanagement.
This is all a deflection anyway from the point that high levels of immigration increase demand. Unless you don't believe in supply and demand, which is basic economics. BTW I don't believe that immigration is the only reason there is high demand, there are others. But it certainly doesn't help that we have record numbers of people entering the UK.
ben_w|1 year ago
*Supply* and demand.
Immigrants supply, they don't just demand.
Immigrants (everywhere, not just to the UK) have a slightly higher supply-to-demand ratio than locals, owing to many of them not starting at age 0; likewise emigration tends to means supply going down faster than demand.
Berlin wall was there to keep people in.
GasVeteran|1 year ago
Why is there a massive shortfall then when we've had the largest amount of immigration then?
Why was there a shortfall previously when we were still in the EU?
> Immigrants (everywhere, not just to the UK) have a slightly higher supply-to-demand ratio than locals, owing to many of them not starting at age 0; likewise emigration tends to means supply going down faster than demand.
You can assert this but I don't believe it for a second. It is pretty much accepted by anyone that is doing any stats on this that demand is increased by immigration.
https://migrationobservatory.ox.ac.uk/resources/briefings/mi...
https://www.migrationwatchuk.org/briefing-paper/514/record-n...
https://www.ons.gov.uk/peoplepopulationandcommunity/populati...
Almost everything says that immigration has raised prices on rent and buying (which is a proxy for demand). It depends on the area because each area has different rates of immigration.
So your statement doesn't pass the sniff test.
> Berlin wall was there to keep people in.
Not sure what this has to do with anything.