Re:Boomers won't part with their homes, and that's a problem...
by robocat on Friday January 19, 2024 @04:24PM
(#39061398)
> this is what happens when populations explode over short time frames... limited resources become more scarce and more expensive.
New Zealand (similar population and size to Oregon) has an immigrant population[1] of ~1/3 and we are a poorer nation BUT houses are available here - despite our population growth significantly exceeding the USA.
If houses are not available in say Oregon, it isn't due to "population explosion" there. And it isn't due to lack of land or population density (NZ is similar to Oregon for both).
New Zealand (similar population and size to Oregon) has an immigrant population[1] of ~1/3 and we are a poorer nation BUT houses are available here - despite our population growth significantly exceeding the USA.
If houses are not available in say Oregon, it isn't due to "population explosion" there. And it isn't due to lack of land or population density (NZ is similar to Oregon for both).
You can skim what you get for your money in NZ by looking at the major online house website (1.6 million NZD is 1 million USD): https://www.trademe.co.nz/a/property/residential/sale
Population growth graphs: NZ: https://www.macrotrends.net/countries/NZL/new-zealand/popula... US: https://www.macrotrends.net/countries/USA/united-states/popu...
You can also compare against Australia which also has a high percentage of foreign born naturalized citizens.
[1] https://en.m.wikipedia.org/wiki/List_of_sovereign_states_by_...