It very much is how all goods work, unfortunately. Food (except grain) doesn't travel or store well. If 100 million people left North America tomorrow, North America wouldn't start shipping the food for 100 million people to them whereever they went. Pretending otherwise might help you maintain faith in whatever religion you have that demands it be true, I suppose, but it's economically illiterate to claim otherwise.
>High housing prices is a complex mix of underbuilding
Or it's a simple answer of over-immigrating.
>because they are at the bottom of the social pile and usually can't get mortgages to buy houses.
Are they sleeping in ditches? No. They live somewhere. Because they live in those places, those places aren't available for non-immigrants to live in. It's really simple. They rent apartments, do they not? When demand outstrips supply, prices rise. When demand for apartments rise, even the price of houses goes up, because these things can substitute for one another to some degree.
It very much is how all goods work, unfortunately. Food (except grain) doesn't travel or store well. If 100 million people left North America tomorrow, North America wouldn't start shipping the food for 100 million people to them whereever they went. Pretending otherwise might help you maintain faith in whatever religion you have that demands it be true, I suppose, but it's economically illiterate to claim otherwise.
>High housing prices is a complex mix of underbuilding
Or it's a simple answer of over-immigrating.
>because they are at the bottom of the social pile and usually can't get mortgages to buy houses.
Are they sleeping in ditches? No. They live somewhere. Because they live in those places, those places aren't available for non-immigrants to live in. It's really simple. They rent apartments, do they not? When demand outstrips supply, prices rise. When demand for apartments rise, even the price of houses goes up, because these things can substitute for one another to some degree.