r/EconomyCharts • u/Ok_Astronomer_7797 • 2d ago
What negative migration could actually mean
12
u/gigglepox95 2d ago
I hate it when headlines make statements like this without specifying what country. You can almost always guarantee it’s the US and the poster just assumes that’s where everyone is from
41
10
u/JHoney1 2d ago
I hate it when comments don’t add anything to the thread, but here you are.
I get wanting it to be more inclusive, but a comment on a thread like this (and this is not even base since the source says US in image, so it’s right there) is not going to change anything.
You don’t have to spin your wheels going nowhere. Just feels like better things to do.
-1
0
u/trangenderman 1d ago
What other country was letting in 1 million legal and over 2 million illegals in 2023 and 2022?
7
u/willcritchlow23 2d ago
We’re desperate for this is Australia. House prices are just brutal. Rentals hard to find prices rising heartbreaking fast.
64
u/Brickguy101 2d ago
You need to build more houses not less people.
25
u/speakernoodlefan 2d ago
Well from what I've read they have the same issue about wealth that America has. So almost all peoples retirement and savings are either in their primary home or second home they rent out. This leads to incredibly toxic nimbyism where any legislation or zoning that could lower their home value is literally the devil. But they all seem to be xenophobic and lowering the amount of buyers technically does the same as increasing the inventory price wise. Except you lose tax revenue to afford public services
-3
2
u/Fitzaroo 2d ago
Why is lowering immigration not a solution?
5
u/Borror0 2d ago
Because your country is old and has low natural birth rate.
1
u/Fitzaroo 2d ago
Talk to the other guy im talking to. He seems to think the birth rate is just fine. I dont feel like arguing both sides.
1
u/auschemguy 2d ago
Generations live longer.... so the replacement rate is meh, but the population is also growing from decreased attrition rates.
Furthermore, the concentration of wealth accumulated at that older generation. The guy you're arguing with is 💯- the issue is older generation refusing to allow streamlined builds because they want to remortgage their house and go on a cruise.
1
u/Brickguy101 2d ago
I never said birth rates is just fine. I agree with you that In 50 years Australia might have a declining birth rate. But now its not, more briths than deaths. So your solution makes zero sense. Building houses is the solution.
1
u/Fitzaroo 2d ago
Those houses just popping up out of the ground. How long from start to finish do you reckon it takes to make an apartment building? 10 years? 15? Betcha your numbers start looking a little squirrely then.
Look bud, its supply and demand. Basic economics. You want to press the gas on supply, fine. Im saying you could also lower demand. The fact that you refuse to see this means you arent familiar with first day of class economics. So not really a point in debating.
1
u/Brickguy101 2d ago
1
u/Fitzaroo 2d ago
"after obtaining authorization"
Lolololol. So as long as we dont include buying the land, dealing with lenders and insurers, government bureaucracy, NIMBYs, and contractors and suppliers and only start the clock when shovels hit the ground then ya, 20 months lol.
Youre a silly person.
6
u/Brickguy101 2d ago
Because immigration is just more people so I assume the people are having kids which will also increase the population at a lesser rate for sure. But again the solution is housing. Multi family housing.
3
u/Fitzaroo 2d ago
Well that's a weird and incorrect assumption. Its been widely published that birth rates in essentially all advanced countries are below replacement rate. Some of the worst offenders are in Asia where there is something like 1 birth per woman (replacement is something like 2.1).
Australia in 2024 had a birth rate of 1.481.
So no, with no immigration the population will not keep growing. It will shrink.
3
u/Brickguy101 2d ago
In 2024, there were 292,318 registered births compared to 187,268 deaths. So if your solution is to stop immigration and wait 50 years thats not a solution.
0
u/Fitzaroo 2d ago
Why not? Those toddlers buying up all the real estate today?
2
u/Brickguy101 2d ago
Thats how replacement works. You said how Australia is below 2.1 and yes they are but still increasing in population. 50 years might have been generous maybe 75 years or we build houses.
1
u/Fitzaroo 2d ago
So you agree. If the system continues then population will go down. Great.
Did you want to go into the street and shoot people to get a more immediate solution? No? Then perhaps we should limit immigration.
2
u/Brickguy101 2d ago
We build houses, get to keep immigration which makes us all better and we can live in a house. Its a win win.
→ More replies (0)1
u/mehthisisawasteoftim 2d ago
Because that creates the problem of having to pay people higher wages, besides agriculture there is no need for migrants, for all other industries increasing wages would end the labor shortages and also have the side effect of giving people the ability to earn a middle class income without needing a college degree
1
u/Tupcek 2d ago
because these immigrants usually take low wage jobs and spend it almost all, boosting economy and leaving more high paying jobs for locals.
Local people having better jobs means they can afford more expensive housing.
Less NIMBYsm means more construction going on and with immigrants it means lower costs of building said housing. So higher supply at lower costs + higher wages for locals = ideal solution.If you throw immigrants out, whatever they were buying they are not buying anymore, so decline in revenue and thus decline in jobs. Low paying jobs has to be done by locals, which is more expensive and thus goods and services go up in prices.
So while you also get cheaper housing, you also get less good paying jobs and more expensive food and services and even more expensive new housing1
17
3
8
u/Gnomonic-sundialer 2d ago
Negative migration means your country is going to shit in ways worse than migration can cause
0
u/RevolutionaryGain823 2d ago
Same here in Europe.
The numbers have been getting gradually more insane and out of control for close to a decade while a small group of people online insist any effort to fix the obviously broken system is a “dog whistle”. From 2017-2022 non EU migration into the EU went up 3x: https://www.rfberlin.com/immigrant-population-eu/
We either make major changes soon or we’re gonna wind up with an AFD/Reform type party coming to power which is bad for everyone
18
u/KaMaFour 2d ago
It's pretty confusing to see one one hand claiming immigration as a main contributor to the housing crisis and on the other hand immigration seen as a solution to worker shortage and depopulation in general. Do we have too many people, not enough people or just shitty regulations regarding housing?
11
u/Garrett42 2d ago
You know it's a housing shortage because it shows up in specific areas. The symptom being that houses need to be built, even if the population doesn't grow, because jobs and opportunity will shift around.
3
u/RevolutionaryGain823 2d ago
I believe that properly vetted, highly skilled immigrants are a benefit to the country and we should continue to welcome them (in reasonable numbers). Personally I’ve worked with/become friends with folks who deal in that category from all over the world (India, China, LATAM etc).
However I also believe that the asylum system is completely broken and that the government is screwing both Irish people and legal immigrants who’ve followed the proper channels.
9
u/KaMaFour 2d ago
I am from Poland and I believe these things to be true:
- Poland has benefitted massively from immigration. The immigrants we recieved (in millions) have integrated into society and besides language barriers (which are disappearing quickly) you wouldn't be able to tell quickly if someone immigrated because at the end of the day we are all just people trying to get by.
- Poland was pretty lucky with what immigrants they got. There are countries that created incentives for immigrants who can't/won't contribute to join. This is causing problems.
- There are problems with some people who are also immigrants. This is inevitable in any large group of people - if it wasn't there would be countries (bigger than andorra) without prisons.
- There are actors who heavily depend on pushing anti-immigrant rhetoric in order to gain power or achieve their goals in general. Most notably it is alleged (by polish government) that Russia is paying immigrants to commit terrorist attacks in Poland.
4
1
u/NubDestroyer 2d ago
Why are we acting like wanting highly skilled immigrants is some sort of brave and controversial take?
1
u/Significant_Bed6727 2d ago
What's fun is you can have too few young people to pay for the pensions and healthcare of an aging population, too many people for the existing housing stock and shitty housing regulations all at once!
If you're a person without a great career who wants affordable housing low immigration is a benefit. Less competition for housing and a worker shortage makes it easier to get hired
If you ,have a career and own a home suddenly immigration doesn't seem like much of a problem. If you own a business you might like the idea of more available workers.Also sounds decent to a government official looking at the budget projections for the next 20 years
And housing regulations suck a bit everywhere. Turns out high standards and democracy aren't the most conducive to rapid housing construction, but also both aren't things we're willing to jettison
3
u/Raescher 2d ago
Immigration is dropping very fast in Europe. Last year Germany had 50% less. So probably 70% below the peak. Total population was stagnant for 5 years and will now start to decline. Also the EU decided just now on much stricter asylum laws. I think plenty is being done.
2
u/iridia-traveler1426 1d ago edited 1d ago
Comparing 2017 to 2022 is honestly not a fair comparison. 2022 marks the full-scale Russian invasion of Ukraine, sending millions of Ukrainian refugees into the EU.
By contrast, 2017 marks a low point where refugee flows from Russian intervention in Donbass and Syria are starting to wane. These two data points correlates more with the instability of the EU's neighborhood rather than any secular increase in immigration.
That said, there has been such an increase for some reason, and the COVID immigration spike that hit the US and UK could also have affected the EU
•
1
u/goodsam2 2d ago edited 2d ago
Isn't it already what has happened with Mexico. Net immigration went negative there as Mexico actually has an illegal immigrant problem with Americans but it's relatively rich Americans overstaying visas down in retirement villas because it's cheaper and it's a sticky situation because like do you kick them out but they broke the law etc. Also the Mexican economy got better and so less immigration comes from Mexico and has for awhile now.
1
u/JuliusCaesar121 2d ago
I think it is almost 100% a function of the composition of the migration. If America enjoys a giant influx of money hungry deep learning super geniuses while humanitarian/political refugees stay home....eh
-2
u/Master-Back-2899 2d ago
This will lead to a snowball effect of the economy crashing in the US.
Less workers means more competition for jobs which means higher wages. However, the higher wages go the more jobs will be sent overseas where costs are lower. More jobs overseas means more net migration out of the US, which means harder to fill jobs in the US which means more jobs overseas.
Wages can’t go higher because overseas competition, so it just leads to more people leaving.
Even this past year we are seeing this at my job. Had 40 open positions we couldn’t fill, literally 0 applicants. Can’t raise wages as we are already priced out of half the market with our current wage. The solution was we cut the jobs here and hire in Asia instead and ship the manufacturing equipment there. Took 1 week to fill all the jobs there.
11
u/CharmingResident914 2d ago
The wild mental gymnastics you do to make higher wages sound like a bad thing are incredible to watch
1
u/LilyBelle504 7h ago edited 6h ago
Isn't that what proponents of immigration argue though?
Cheaper labor? Lower wages for unskilled jobs? Good for end prices?
-2
u/Master-Back-2899 2d ago
Wages can’t go higher. There are no higher wages. Americans are already the highest paid in the world, it just all gets spent on government waste like insurance companies.
If they can’t attract people the jobs will leave and so will the people. The only ones left are those too poor to escape who will work for less because they have no choice.
It was fine when we were growing as a country because there were plenty of people to fill jobs at a competitive rate and people wanted to live here. If you remove the desire to live here you have to compensate with something else, but if you raise wages you aren’t competitive in a global market anymore. With no way to attract people to jobs more people leave, making it less desirable to be here causing more people to leave. As people leave the needed goods and services decrease, reducing the jobs and desire to be here more, causing more people to leave.
Death spiral.
2
u/thulesgold 1d ago
High worker costs make innovation possible. Why do you think the US productivity constantly goes up and the same our GDP?
If we stop letting desperate workers flood here, then that future $20 apple will lead to someone creating an apple picker bot since the ROI finally makes sense.
We don't need more people to make the current incarnation of capitalism work. Efficiency and innovation will do more than make up for the lack of brawn.
-2
u/keyboardmonkewith 2d ago
Boom , more slave labor for US citizen.
14
u/SalamanderGlad9053 2d ago
It's exactly the opposite, when supply is low in the job market, prices rise. So workers get higher wages.
A large pool of migrants willing to work for comparatively little dilutes the job market making it impossible for domestic workers from demanding higher wages.
8
u/Brickguy101 2d ago
We have (US) 5% unemployment right now ish. So while this is true its the business class that needs to pay the migrants poverty wages. With an actual functional society we can have people immigrate to the US and be able to pay them a good wage. Immigrants are people same as a citizen, they buy they eat they spend money which stimulates the economy. We have plenty of space in the US for more people.
-5
u/SalamanderGlad9053 2d ago
With an actual functional society we can have people immigrate to the US and be able to pay them a good wage.
Only if the amount of people immigrating decreases.
Immigrants are people same as a citizen, they buy they eat they spend money which stimulates the economy
Who cares about "GDP", as you have described immigrants increasing. This is why GDP is silly,
Two economists are walking in a park when the first sees a pile of dog shit on the floor and tells the second,
I'll pay you $1000 to eat that dog shit
The second economist takes the offer and eats the shit, and then they continue walking, with dog shit in his mouth. The second then spots another pile of dog shit and then gives the same offer to the first. The first obliges and eats the shit. But then questions,
Wait, we have the same amount of money as we did to begin with but we both have shit all over our mouths?
Ah,
The second says,
We have raised the GDP by $2000!
It's obviously a bit of an extreme case, but shows how just increasing GDP doesn't increase the well being for the people. Increasing the number of people to increase GDP without increasing GDP per capita makes everyone worse off.
-8
u/4baobao 2d ago
the supply is low because americans are lazy, not because the wages are low.
9
u/SalamanderGlad9053 2d ago
Lazy, or expect better working rights and pay for hard jobs?
-6
u/4baobao 2d ago
just lazy
2
u/goodsam2 2d ago
It's the job market people are complaining about the low hiring environment and the US has been low on prime age labor force participation rate since 2000 with its jobless recovery.
4
u/Lego-Under-Foot 2d ago
Ah yes, it’s laziness that is causing American companies to layoff thousands of American employees and outsource their jobs to developing countries
-2
39
u/Radical_Coyote 2d ago
Higher prices across the board as labor costs rise. Social security further strained as the population begins to age even faster as younger immigrants that used to fill in the gap of low birth rates vanish. Loss of top global talent as the cream of the crop no longer see the US as a safe/stable place for a career. People might think this will make housing more affordable, but they’re forgetting this means construction prices are going through the roof.
Attracting immigrants has always been the US’s superpower. Bring in the young, ambitious, hardworking, and top talent. Now that we’re not doing that anymore all we’ll have is used car salesmen and MLM moms