New Zealand Chops Migration to Deflate Housing Bubble

Discussion in 'Immigration' started by Lil Mike, May 22, 2021.

  1. Lil Mike

    Lil Mike Well-Known Member

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    Is there any reason we shouldn't be doing that in the US?

    New Zealand Chops Migration to Deflate Housing Bubble

    The small country near Australia is suffering from a real estate bubble caused by local companies’ demand for more immigrant house buyers, consumers, and workers. The housing affordability problem is worsened by the growing population of roughly 200,000 foreign temporary workers.

    “We’ve long pointed to the fact a [economic] growth strategy that is solely built around [the rising] housing market and immigration [inflows] is not a sustainable long-term strategy,” left-wing Prime Minister Jacinda Ardern told the main radio broadcast network on May 18.

    “The pressure we have seen on housing and infrastructure in recent years means we need to get ahead of population growth,” cabinet minister Stuart Nash said May 17.

    It's interesting how a country can focus on good public policy when your governing party isn't insane.
     
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  2. Melb_muser

    Melb_muser Well-Known Member Past Donor

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    Lol.

    Good luck passing any new legislation pertaining to immigration in the US
     
    Last edited: May 22, 2021

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