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Re: Housing 

By: CTJ in GRITZ | Recommend this post (2)
Mon, 15 Dec 25 6:19 PM | 16 view(s)
Boardmark this board | Grits Breakfast of Champeens! 		Msg. 14914 of 14948
(This msg. is a reply to 14896 by De_Composed)
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I’d like to point out that GROK is left leaning. So one needs to be wary of what response it gives ya. I asked it about housing and migrants and got the same pro immigration answer that were posted here. I also saw that the references GROK used were PolitaFacts, Snopes and the Wall Street Journal. (Leftest, Screwballs, and Chamber of Commerce). Not exactly balanced sources.

I see reports of 40 to 50 million “newcomers” being brought into the U.S. over the past 4 years by “our” government.
About 10 million new people a year. And a shortage of 3 to 7 million housing units per year. Those people live in housing that is meant for American citizens. Do the math. No doubt this contributes to the housing shortage. Supply & demand drives cost. Short supply rises cost.

And government subsidies also increase costs by providing an unlimited money supply. I saw a report a couple days ago about how over 80% of foreigner born in Minnesota are receiving housing money from the government. The Feds give NGOs billions of dollars to provide housing for these people (AKA invaders).

Inflation is caused by the Government.
The government pumping billions into the money supply for housing inflates the cost of housing.

Look up government subsidized higher education and the cost of college.

It’s not fair or accurate to dismiss foreign born newcomers as a cause for housing shortages and rising housing costs. Doing so only supports the pro immigrant agenda

BTW the 40 to 50 foreign born does not count illegals. It’s only refugees,Visa holders and migrants.

And my original post was about housing rentals, not purchased



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The above is a reply to the following message:
Re: Housing
By: De_Composed in GRITZ
Mon, 15 Dec 25 6:24 AM 		Msg. 14896 of 14948

Note that I've edited my post. - De

mt:

Re: “The Thesis: Immigration and Illegal Immigration are the overwhelming principle cause of Housing Inflation.
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the GOVERNMENT CAUSED HOUSING INFLATION pain is spread in a double-dipping penalty on the rest of US in the U.S.

Grok ALL the preceding - I haven't ... but am pretty sure the above is difficult to argue against.”I'll take a stab at it.

There is no such thing as "housing inflation."

In a system with finite money, when the price of something goes up, people either do not buy it or do not buy something else. They only have so much money, after all. Thus, the price increase spurs people to make decisions on where their LIMITED money will go. When they stop buying something else, those prices fall so that there is no net increase in prices. No inflation.

Inflation is always systemic. Either the price of everything as a whole goes up and inflation is present, or it does not. The cause of inflation is not immigrants. It is always an increase in the money supply beyond what is appropriate to counter improved national production. Thus, if production goes up 50%, an increase in the money supply by 50% will keep systemic prices stable. Any money supply increase beyond that produces inflation.

I absolutely agree that the government is causing inflation. But it's not "housing" inflation or inflation that targets any given product or industry. Inflation doesn't work that way.

What we're probably experiencing is government policies that promote housing price increases. But that's different.

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