If not – and it certainly hasn’t – then there’s the first and primary cause of housing unaffordability.
- When demand goes up and supply can’t meet it, the price climbs.
- This is the case, no matter what the commodity is.
Since we don’t have a spike in native population growth (people are reproducing at lower rates than ever), virtually all this increase is caused by immigration, both legal and illegal.
- If you want to solve the problem, the answer is simple: stop immigration, deport the illegals who are already here, and give the country a chance to catch up before you start allowing immigration again...
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