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Posted by neehao 1 day ago

Winning the visa lottery(www.aeaweb.org)
109 points | 131 commentspage 2
okillbite 1 day ago|
I submitted the lottery once - America lost.
ralph84 1 day ago||
> Cmd-F housing

> not found

Yet another chamber of commerce article clamoring for more cheap labor without addressing where all of these people are supposed to live.

zanderwohl 1 day ago||
It is rather puzzling how this major contributing factor is going overlooked. It seems obvious from ground-level. Economists often talk about how expensive labor drives price increases, but don't talk about how price increases cause expensive labor.
ergl 1 day ago|||
The paper is about temporary workers, specifically for seasonal jobs. They’re not buying houses or renting long-term. In fact some of these jobs include on-site accommodation for workers.
account42 3 hours ago||
That's irrelevant, they still need hosing. Whether their effect on the housing market is direct via buying homes or indirectly by incentivizing more homes being bought up by others and rented as short-term housing is immaterial.
grubbydiff 1 day ago|||
Did you get a chance to read the paper? Did you read Section VII and footnote 51? If so, do you still believe that the article is "clamoring for more 'cheap' labor?"

And what other issues would you like to see besides housing and employment in the article?

hiddencost 1 day ago||
Uh, in the housing that they build? The amount of housing we can build with cheap immigrant labor is so much more than what we can do without them. Housing gets more expensive when immigrants are pushed out, because the cost to build rises more than the reduced demand reduces prices.
JoshTriplett 1 day ago||
Partly true, though to a first approximation, the reason we don't build more houses isn't an issue of construction labor costs. Many places with jobs don't allow building homes.

(That's not inherently a universal problem, especially if you're talking about the entire labor market. But it's a problem in many places.)

aspldez 1 day ago||
[flagged]
mrjay42 1 day ago||
> "Evidence from a US government lottery shows that restricting foreign low-skill workers shrinks businesses without creating jobs for Americans."

Proving that the issue is capitalism and its systemic need for a reserve army of labour (https://en.wikipedia.org/wiki/Reserve_army_of_labour) to pressure people to accept unfair conditions of living/work

roncesvalles 1 day ago|
The notion that less foreign skilled workers means more jobs for Americans has infiltrated the discourse so thoroughly that it should ring alarm bells as to the future of this nation.

It's probably the single most harmful mind virus in economics next to thinking a communism-style command economy is a good idea.