Economists are very selective in applying the Marshallian scissors. For instance, poor people moving into a state has no effect, but we have to be careful to not tax high income earners because they might move out of the state, which would be a catastrophe.
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Although in both cases, the proportion of high income earners decreases, but in one case it is undetectable, whereas in the other case, it's doom.
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Immigrants truly wield powerful magic - Don't forget they can also flood the labor market without reducing wages.
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California has no housing stock and vacancies for renters all time low causing rent to increase as well. Yea BS "nothing to do with immigration".
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Immigration magically defies the laws of supply and demand. Mass immigration doesn't force down wages, either!
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What kind of Hedonic voodoo adjustment made this possible?
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Demand is only a problem when supply can't keep up which is the case for CA , the reason for that is excessive state regulations.
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Wrong. I can prove it. Northern Idaho, Western Montana, etc., are breeding grounds for white “California transplants” fleeing cities decimated by illegal aliens. Realtors in these areas are chomping at the bit and inflating home prices.
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