It's making housing affordability worse. It almost feels like the effects of the rate hikes by central bank got "offset" by the population growth(immigrant growth).
House prices in major cities just bounced back up again
Canada needs to urgently stop importing immigrants for a while
-
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣀⣀⣀⣀⣀⣀⡀⢀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣀⣤⢾⣿⣿⡭⢿⡙⢛⣾⡵⣟⠿⣿⣆⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣠⣺⡿⣫⣯⣽⡟⠏⡭⢶⣽⣟⣿⣷⣿⣶⣹⣿⣦⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⡾⣿⣿⣵⣿⣷⣟⣚⡛⠭⢿⣒⣶⣾⣿⣿⣿⣿⣿⣿⣿⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠐⣿⢿⣿⢯⣿⣿⣿⣿⠟⠛⠋⠛⠏⠉⠉⠋⠙⠛⠻⢿⣿⣷⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢸⡿⣿⣿⣿⣻⣯⣿⠁⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣮⣷⣿⡄⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⡿⣫⣏⡻⡑⡿⢿⡏⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠻⣟⣿⡇⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣿⣯⣽⣿⣷⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢴⣸⣿⡇⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⣱⣿⣧⡧⠁⠀⣠⡴⠾⣻⣿⣾⣿⢷⠀⢀⣾⣷⣿⣿⠶⣧⣿⠇⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢨⣿⢓⢮⠹⡇⠀⠀⠋⠐⠿⡿⣿⡟⠂⠀⠀⠈⣿⡿⢿⣿⡷⠸⣿⣿⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠘⡟⡇⢰⠿⣳⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢻⡀⠀⠈⠁⠀⡇⣿⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢱⠣⠃⠵⣿⠀⠀⠀⠀⠀⠀⠀⠀⡠⠀⠀⠀⢘⣷⠀⠀⠀⢰⡇⣿⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠳⣄⣀⣿⠄⢀⠀⠀⠀⠀⠀⢀⣘⣫⣍⡲⣿⣯⣁⠀⢀⣿⣇⡇⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠉⣿⣇⢮⢂⢀⠀⢠⣿⣟⣟⣻⡞⡡⣿⣿⣿⣧⣸⣿⠉⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⡇⠈⠻⣿⣾⣠⡷⢀⡀⡀⢰⢿⢯⢴. A real man doesn't go in between his cheeks or spread them open for anything!⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢰⢻⠀⠀⠈⠻⣿⣿⣧⣧⣷⢇⣀⣄⣴⣿⣿⡏⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠠⣴⡇⠈⠣⣀⠀⠀⠀⠙⠻⢿⣿⣿⣿⣿⣿⡿⢻⡇⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣠⣾⣿⣇⠀⠀⠀⠑⠢⡀⠀⠀⠀⠈⠉⠉⠉⠁⠁⢰⢗⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⢀⣠⣾⣿⣿⣿⣿⣦⠀⠀⠀⠀⠈⠑⠤⡀⠀⠀⠀⠀⠰⢥⠟⠀⣧⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⢀⣠⣴⣾⣿⣿⣿⣿⣿⣿⣿⣿⣷⡄⠀⠀⠀⠀⠀⠈⠒⢄⡀⢀⡴⠁⠀⠀⢸⣿⣦⣄⣀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⣀⣤⣶⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣆⠀⠀⠀⠀⠀⠀⠀⢨⣯⣤⣀⠀⠀⢸⣿⣿⣿⣿⣿⣷⣶⣤⣀⣀⡀⠀⠀⠀⠀⠀⠀ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣧⠀⠀⠀⠀⣠⣾⣿⣿⣿⣿⣿⢦⣸⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣦⣤⣀⠀⠀ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⣀⡴⡮⠘⠃⢹⣿⣿⣿⡇⠨⠾⢹⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⣄
EJMRKARL© -
A large scale reduction of immigration across all western nations would be very healthy. Especially for the US. 20-30 years of only very high skilled immigration.
US legal immigration is already very low.
No it’s not. Not even close. But I didn’t specify reducing only legal immigration, but IMMIGRATION. implicit in this is actually enforcing our immigration laws.
-
A large scale reduction of immigration across all western nations would be very healthy. Especially for the US. 20-30 years of only very high skilled immigration.
US legal immigration is already very low.
No it’s not. Not even close. But I didn’t specify reducing only legal immigration, but IMMIGRATION. implicit in this is actually enforcing our immigration laws.
As a % of the population, naturalization processes are very low.