Opinion
Housing and migration have collided. One will have to give
The high immigration numbers are a temporary spike. But that does not help with the spectacular failure of housing supply to meet demand.
Chris RichardsonEconomistTwo wrongs don’t make a right.
But housing affordability is the worst it’s ever been, and I’m starting to think we may need to do dumb things on migration policy simply to ease the impact of the even dumber things we’ve done in housing.
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Chris Richardson is an independent economist.
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