Mass immigration to the United States makes the nation's housing crisis 'worse' for Americans, corporate-backed Axios admits.
legal immigrants a year, housing costs for Americans are increasingly unsustainable as demand drives up prices.
“Cities simply don’t have enough affordable homes, enough shelters, or enough money to help everyone who needs it, straining scarce resources and leaving thousands of people out on the street,”“Soaring housing costs and the end of some pandemic-era safety nets have fueled an affordable housing shortage, causing homelessness to rise in many cities,” the Axios report continued.
Indeed, in New York City — where more than 110,000 border crossers and illegal aliens have arrived since the spring of last year — rents have skyrocketed as a result of demand.that while the median rent in New York City in September 2022 stood at about $3,500, that price has increased to $3,700 this month,even as crime has increased across the city and a migrant inflow has spurred quality of life issues in neighborhoods.
The admission from Axios is significant as Democrats, Wall Street, open borders activists, and real estate investors have long claimed that immigration levels have no impact on housing costs.
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