Of course immigrants raise the rent, just like anyone else who enters an auction... | Hacker News

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		pessimizer 6 months ago \| parent \| context \| favorite \| on: We may not like what we become if A.I. solves lone... Of course immigrants raise the rent, just like anyone else who enters an auction, and the US was built by slaves.

kubb 6 months ago [–]

What you’re saying is that population increase raises the rent, whether the new people are immigrants is not relevant.

But wealth accumulation means that on the auction for housing you are competing with someone who has 1000x more resources than you.

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