Elon Musk
@elonmusk
Also, common sense.
People need to live somewhere, so unless they move to a town with a lot of extra houses (true in some places, but not all places in America), there will be upward pressure on house prices proportionate to the influx of people.
JD Vance@JDVance· Oct 2, 2024As promised earlier tonight, here is Michelle Bowman of the Federal Reserve Board of Governors:
"Given the current low inventory of affordable housing, the inflow of new immigrants to some geographic areas could result in upward pressure on rents."
05:14 AM · October 2, 2024 · 6.3M views
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