Plenty of those immigrants work in the housing industry building houses. Immigra... | Hacker News

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		andrewmutz on April 19, 2022 \| parent \| context \| favorite \| on: Canada bans foreign home buyers for two years Plenty of those immigrants work in the housing industry building houses. Immigration is increasing both the supply and demand of housing.

HideousKojima on April 19, 2022 [–]

Labor generally ranges from 20-40% of the cost of a home, the land and materials make of the majority. An absolutely massive percentage of all immigrants would need to be in construction to outweigh the increased demand from their presence.

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