100% rubbish argument. If you dig a bit you'll find that any western modern country that has a housing crisis (pretty much universal these days) have an enormous surplus of empty houses.
Giving you Spain as an example, that I am more familiar with: We've had an insane housing crisis for the last decade, and yet we have about 4 million empty houses across the country.
The housing crisis has nothing to do with immigration and everything to do with an unregulated basic good. Having a roof over your head, should be a basic right, and no-one should be allowed to speculate and make crazy money out of your need for it.
The prices rise because there is no regulation at all and it is one of most lucrative forms of investment, with a lot less risk than other forms of financial investment.
Giving you Spain as an example, that I am more familiar with: We've had an insane housing crisis for the last decade, and yet we have about 4 million empty houses across the country.
The housing crisis has nothing to do with immigration and everything to do with an unregulated basic good. Having a roof over your head, should be a basic right, and no-one should be allowed to speculate and make crazy money out of your need for it.
The prices rise because there is no regulation at all and it is one of most lucrative forms of investment, with a lot less risk than other forms of financial investment.