Immigration numbers (legal or illegal) have an inverse relationship with wages/labor cost.
As the supply of workers increases the cost of labor decreases.
As the supply of workers decreases the cost of labor increases.
Texas home builders relying on immigrant labor feel effects of immigrant crackdown
Quote:President Trump's tough stance on immigration may be having an unintended consequence -- higher housing costs.
I disagree that the consequence is unintended given the law of supply and demand.
I have been fully aware that as we crack down on immigration we would see increased labor costs which would be passed along to the consumer.
So, unintended consequence? No.
Unpleasant consequence? Yes.
Quote:According to the National Association of Home Builders, more than 56 percent of developers nationwide are reporting labor shortages.
Quote:The problem is compounded in hot real estate markets where more and more housing projects are finding fewer and fewer workers. In places like North Texas, recently, it's been a triple whammy.
This will force contractors to offer higher wages to lure workers.
Those who advocate for illegal immigration are, in reality, supporting the exploitation of the people who come here illegally. In essence, they want to continue the flow of illegals so they can pay low wages and consequently line their pockets with more profit.