Immigration Does Suppress Wages

[Birdjaguar]

This is the thing, western economy based on demographic growth and expansion once your demographics enter decline you need either young immigrants to make up for that shortfall and aging population.
The other solution is have more kids but thats a long term solution that will take an entire generation before it is felt. thats why countries like the Germany are taking on immigrants, the other solution is Japan is intending to build several million robots and automate there industries. Once population stops growing housing prices will of course fall, but then your in a recession. It also partly a cultural thing as Australians dream is to own your own home where as in places like Germany its more about saving enough for retirement and local government controls property market to keep rents low.

Dont worry the housing bubble is going to burst again, its just overheated.

To increase prosperity in a community, state or nation, you need to grow the economy faster than the population. Economy = GDP activity from outside the assumed jurisdiction (community, state, nation). Service sectors grow based on economic growth. You grow your nation's economy buy selling goods and services to people and companies that are outside of your country. Aging countries (most are) need to import workers to keep growing their economies. The key to it all is increasing income from the outside: exporting products, providing services outside your borders, tourist dollars, etc.

 

[Zardnaar]

This is the thing, western economy based on demographic growth and expansion once your demographics enter decline you need either young immigrants to make up for that shortfall and aging population.
The other solution is have more kids but thats a long term solution that will take an entire generation before it is felt. thats why countries like the Germany are taking on immigrants, the other solution is Japan is intending to build several million robots and automate there industries. Once population stops growing housing prices will of course fall, but then your in a recession. It also partly a cultural thing as Australians dream is to own your own home where as in places like Germany its more about saving enough for retirement and local government controls property market to keep rents low.

Dont worry the housing bubble is going to burst again, its just overheated.

NZ doesn't have a declining population without immigration.

Or if we do it's recent as people can't afford homes.

 

[Akka]

This is the thing, western economy based on demographic growth and expansion once your demographics enter decline you need either young immigrants to make up for that shortfall and aging population.
The other solution is have more kids

And what happens when this neverending population growth hit the wall of the reality that we live on a finite planet ?

 

[Zardnaar]

And what happens when this neverending population growth hit the wall of the reality that we live on a finite planet ?

War.

 

[Arwon]

And what happens when this neverending population growth hit the wall of the reality that we live on a finite planet ?

On a global scale, it's reasonably likely to hit a female education induced fertility wall, per the demographic transition model, before it hits a literal resource availability wall. Immigration in the meantime, while demographic transition finishes spreading, is a reasonably efficient way to distribute uneven population growth.

That's assuming global warming doesn't destroy everything, of course. And that's less an issue of resource availability than the form of utilisation taking place.

 

[Samson]

On a global scale, it's reasonably likely to hit a female education induced fertility wall, per the demographic transition model, before it hits a literal resource availability wall. Immigration in the meantime, while demographic transition finishes spreading, is a reasonably efficient way to distribute uneven population growth.

That's assuming global warming doesn't destroy everything, of course. And that's less an issue of resource availability than the form of utilisation taking place.

It seems to me the likely problem is a "perfect storm" of increased population, increased demand per person (as part of the demographic transition, everyone wants a western middle class lifestyle), topsoil depletion reducing per acre productivity, global warming induced droughts / floods, increased land use requirements as we transition from fossil fuels to solar / biofuel and probably some more that we have not predicted all adding to a massive vital resource availability problem.

 

[Zardnaar]

Visas at an all time low, people leaving it's to expensive lol.

https://i.stuff.co.nz/national/1151...nd-citing-expensive-rentals-and-heavy-traffic