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Imagine 33 milion plus illegal aliens self deported.
How would that affect the cost of housing (renters and homeowners)?
How would that affect the cost of health care? How many fewer people waiting in hospitals and ER?
The reason healthcare costs are exorbitant is not (laughably) how many people there are; the reason costs are high is because stupid-ass regulations have turned the market into a shitshow.
The same for housing. It's not like all the houses are filled up with illegal immigrants but poor joe the plumber could afford to buy one if there were just fewer people here. What's happening is cities have regulated the piss out of housing and it's expensive to build in most places in the US. On top of this, the government subsidizes home ownership by pushing mortgages. Of course the price of housing is going to go up when you point a firehouse of money at it.
But beyond this, I don't believe numerical size of the population has much to do with the price of anything. A market works at 10 million people and it works at 100 million people.
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You deliberately ignore apartments and multi family housing units.
Let's say population in CA and TX is now 100 million people... by your stupid logic, this has no impact on the price of renting or home ownership
Let's say the population is 1 trillion people... by your dumb logic, housing market works at 1 person and 1 trillion people
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given that there is quite a bit of land, if the population naturally moved up to 1 trillion, I don't think housing would be more expensive.
You might argue that "naturally" is doing a lot of work here.
I will concede that if the population changed dramatically in a very short period of time, we would have distortions of price. But immigration has been an ongoing phenomenon over the last several centuries and I don't believe that the market has been unable to adjust to it.
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several centuries
USA is 249 year old
I don't consider 2.5 centuries "several"
Now you are making up words and their definitions
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Maybe in your fantasy land but not in Los Angeles or California
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Here's a chart of new housing in 2024 for major cities in Texas and California:
Here for comparison is the median home price in those same cities in 2024:
Now, I live in Texas, so I can attest to it being an ugly wasteland, but at the same time, I suspect the difference in price is not wholly tied up in this aesthetic value: California can't build houses.
In case you believe California has a much higher number of illegal immigrants, the numbers I could find were these:
California has 2.3 million illegal immigrants. Texas has 2.1 million source.
I'm not buying the "too many people" explanation of home prices (nor of any other thing).
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California is a sanctuary state. Texas is not.
California has strict gun control. Texas does not.
California provides financial assistance to illegal aliens openly. Texas does not.
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Your source is wrong, there are more than 14 million illegal immigrants nationwide.
There are more than 2 million illegal immigrants in CA.
The nationwide number is closer to 33 million at least, CA has at least 10 million illegal wetbacks
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yes, but i prefer to use sources that actually exist.
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According to this site, CA home insurance is cheap compared to the rest of the country. I can tell you this is factually incorrect. Have you heard of wildfires in CA, specifically last January?
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you prefer to use sources that support your biases
Fixed it for ya
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aka NPC behavior
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102 sats \ 8 replies \ @BeeRye 11 Nov
If all at once, instant collapse of every market.
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Completely worth it, because even if there is a 'collapse' which you are wrong about, markets will recover
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naive. For every trade, there is a liability and an asset, a maker and a taker. remove 33 million people at once without proper settlement, and no one can know how much damage that would do, or even if it would benefit the people you think it will.
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Your comment is naive and willfully ignorant
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proper settlement? that's a red herring that no one cares about
And you assume illegal aliens don't receive government assistance.
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I do?
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yes you do
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instant collapse means more affordable
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Yep, liquidations do
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