The 47 million new residents in the U.S. since 2000 are mostly to blame for the housing shortage

The elephant in the room – The U.S. population has grown by 47 million since 2000

If the alt-financial media were bold enough to embrace these truths, they would be as sanguine on the prospects for residential rental real estate as I am. But they have been wrong on the results of Fed policy, the impact of government deficits, and demographics. – Chris Pirnak

The liberal establishment dances around the elephant in the room. Foreign-born residents have overwhelmed the affordable housing markets. It is permanent.

-The total U.S. population in the year 2000 was 281,983,000
-In 2010, there were 308.7 million residents of the United States
-According to the U.S. Census Bureau Population clock, the population of the United States is currently 329,126,000
-The U.S. population rose by 10,000 in the past 24 hours
-The population of the U.S. has grown by 47 million since the 2000 census
-A 2015 Census Bureau Report projects a 2060 population of 417 million.

First of all, No MSM writers and few alt-financial outlets will touch the real elephant in the room – Massive waves of immigration (mostly from lower demographics) over the past 20 years have placed a tremendous strain on the domestic housing market. These open borders policies have been encouraged by almost 50% of the population and are thus here to stay.

-In 2015, 14% of the United States’ population is foreign-born, compared to just 5% in 1965.
-2015 Census Report predicts the foreign-born US population will increase to 19% by 2060.
-This increase in the foreign-born population will account for most of the overall population growth.

If the alt-financial media were bold enough to embrace these truths, they would be as sanguine on the prospects for residential rental real estate as I am. But they have been wrong on the results of Fed policy, the impact of government deficits, and demographics. Of course, there will be cycles like any other market, but housing only has one way to go, especially when we analyze the lower half of housing. That direction is up.

The population of the US continues to grow today, driven by a high level of immigration. A 2015 Census Bureau Report projects a 2060 population of 417 million, with the country crossing the 400 million threshold in 2051.

Establishment garbage designed to redirect the issue

Here is some typical whitewash garbage put out by the housing “experts.” This article from Inman News (A real estate industry service with a paywall) is titled, NIMBYs, Regulatory Costs Caused Housing Shortage: Harvard Study

A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies

shortfall in housing production is making homes ever more unaffordable for modest-income households and high land prices and regulatory constraints are to blame, according to an annual report from Harvard’s Joint Center for Housing Studies.

NIMBYs, Regulatory Costs Caused Housing Shortage: Harvard Study – Inman.com, June 25th

Of course, the open borders policies are never to blame when it comes to Harvard University and the establishment press (including the controlled alt-financial media). But this Harvard study actually would be laughable if the stakes weren’t so high. get this…

The [Harvard] report attributes the shortfall partially to builders wary of boosting the amount of housing supply too fast after the last boom and bust and partially to labor shortages as the number of native-born and foreign-born young men without college educations — the traditional labor pool for construction — declines.

NIMBYs, Regulatory Costs Caused Housing Shortage: Harvard Study – Inman.com, June 25th

So, let’s see. Harvard says that if we allowed more lower-end foreign-born young men into the country, that would help to alleviate the housing shortage. Now, that sounds just like the globalist narrative. Not only are these low-end demographics the very people who are overwhelming the government with massive deficit spending, but they are the same people who have helped to make working class housing unaffordable for the naturally-born citizen.

So, When it comes to the housing shortage, the MSM will routinely blame NIMBY as well as the growing list of zoning restrictions and building codes. The alt-financial media, of course, will blame the U.S. Fed for the higher housing prices, even though they believed all decade that housing was going to collapse. While all these reasons have merit, we need to see how low-end immigration has permanently repriced the housing market.

I know personally how the trends have change since 2001, when I first started investing in rental real estate. Anecdotally, about 5% of all my applicants in the early part of last decade spoke another primary language other than English. That percentage is now about 20%. The trends are unmistakable and while there may be nothing we can do to stop this intentional agenda of overwhelming national resources, we would be foolish not to take action.

I have taken action to stay ahead of this full-frontal globalist assault. I have bought a portfolio of working-class housing that are in high demand. I think we all could benefit by profiting from the globalist agenda to degrade the United States.

The liberals can call us xenophobes and racists, but at the end of the day, there is no denying the huge impact these waves of humanity have had on the economics of our necessities. The lower half of the housing market has been permanently repriced. There will be no collapses in working class real estate and any drops in prices need to be seen as buying opportunities.