[thehappypm]

The hypothesis is true for housing at least. Immigrants need to live somewhere, and that puts upward pressure on rents (which are part of CPI).

[user____name]

On the other hand, cheap labor lowers labor costs for producers and increased supply should lower the average wage?

[thehappypm]

While there is validity to this logic, the slightly lower labor cost does not offset the need to house more people, particularly when the cost of land and materials is so astronomical