A NATION UNRAVELS AS JOE BIDEN ORCHESTRATES THE GREATEST INVASION IN HISTORY.
Rents are rising because real estate companies are trying to please investors, says a Washington Post report that ignores the economic impact of President Joe Biden’s open borders policy.
NEIL MUNRO
WHAT LYING JOE MEANS IS 36 MILLION BUT HE'S ALREADY WAY PAST THOSE FIGURES TOO!
Joe Biden Claims He Can Expand Legal Migration by 360,000
President Joe Biden claims he can legally admit 360,000 extra migrants each year, despite Congress’ annual cap of roughly 1 million migrants.
“Today, I’m announcing that my administration is going to expand the parole program for people not only from Venezuela, but from Cuba, Nicaragua, and Haiti,” Biden told reporters at a White House press conference.
Biden claimed he has the power to raise immigration numbers because the Republicans have refused to vote for his mass immigration policies. “I’m left with only one choice — to act on my own, do as much as I can on my own to try to change the atmosphere,” Biden said.
The plan would use the soon-to-expire Title 42 border barrier to block illegal migration while also awarding 360,000 “parole” tickets that allow would-be migrants to work and live in the United States.
The migrant plan is being touted by White House officials and establishment media sites as a “carrot and stick” policy.
“This is more smoke and mirrors than carrots and sticks,” responded Rosemary Jenks, the director of government relations at NumbersUSA.com. She added that the establishment media will accept the PR with, “Okay, thank you, may I have another?”
The underlying problem is the Democrats will not want to enforce the nation’s border laws even after they award parole tickets to hundreds of thousands of migrants, Jenks said. “If [illegal migrants] can still get in, they’re going to keep coming … It’s gonna be all of them plus 360,000,” she said.
Biden’s parole policy is also illegal, said Andrew Arthur, a former immigration judge who works for the Center for Immigration Studies:
Section 212(d)(5) of the INA [Immigration and Nationality Act of 1965] … limits the administration’s authority to allow aliens into the United States on parole, and if they attempt to implement such a [migration] program, the states are going to sue them and the states are going to win … [Parole] is on a case-by-case basis for significant public interest or for humanitarian purposes. This [plan] doesn’t satisfy either one of the requirements.
In 1996, Congress tightened the parole rules “to limit the authority of the administration to use parole to bring massive numbers of people into the country.”
The proposed plan would be a power grab by the White House at the expense of Congress, Arthur said. “If you start a program like this, it’s going to shift the determination for who gets to enter the United States from the legislative branch — where the Supreme Court has already said it belongs — to the executive branch,” he said.
The Supreme Court is currently deciding if Biden’s deputies are violating the 1965 law by refusing to detail job-seekers who claim they need asylum.
Biden’s deputies claim they have reduced the arrival of migrants at the border by offering parole to 24,000 would-be Venezuelan migrants. “That immediately showed result by reducing the number of people crossing the border unlawfully,” Biden said.
“The states are going to sue in Texas before Judge Matthew Kacsmaryk before Judge Drew Tipton, and argue that that is going to [illegally] increase burdens on their communities, and they’re going to win their case,” Arthur said.
“If I were them, they would just add this to the [current] case before Judge Tipton, and they’re gonna win,” he added.
Biden’s deputies are also working with pro-migration groups in Mexico to funnel more migrants across the border. The scheme works by allowing the migrants to apply online for asylum without crossing the border illegally.
The administration’s PR was spotlighted by Biden’s claim that “thousands” of migrants have crossed the border “over the last several years.”
But since Biden’s January 2021 inauguration, he and his deputies have allowed roughly 3.5 million economic migrants across the southern border, including more than a million “gotaways” that sneaked past the few border guards left at the border.
The inflow is 14 times as many as were allowed into the United States in President Donald Trump’s final year — and it has helped cut wages and spike rents for at least 100 million Americans.
The federal government has long operated an economic policy of “Extraction Migration” which pulls human resources from poor countries and use the imported people to grow Wall Street and the economy. The colonization-like policy has extracted vast amounts of human resources from needy countries and has killed thousands of unrecognized migrants.
WashPost Ignores Migration, but Blames Investors for Record Rents
8:19 Rents are rising because real estate companies are trying to please investors, says a Washington Post report that ignores the economic impact of President Joe Biden’s open borders policy.
The January 2 article focused on rising rents at apartments owned by Starwood Capital Group:
At Starwood’s Estates at Wellington Green in Palm Beach County, Fla., the company raised some rents by as much as 52 percent in 2022; at the Griffin Apartments in Scottsdale, Ariz., it increased them by 35 percent over the same period. At the Cove at Boynton Beach in Florida, it boosted rents on some units by as much as 93 percent in 2022.
…
Edgar Enrique, a pool cleaner from Guatemala who shares with his wife a one-bedroom at Starwood’s Reserve at Ashley Lake, said his rent jumped from $1,600 to $2,000. “For me, it’s not good,” Enrique said. “Why does it cost $400 more now?”
The rents are rising fast because investment executives are pushing to maximize their companies’ profits, the Post reported:
Some families said they were forced into difficult downsizings: Couples with children moved from two-bedroom to one-bedroom apartments even though, as one father said, “we’re tripping over each other.” Another family with three children had a two-bedroom at the Reserve at Ashley Lake. A few months ago, they got a notice that the rent would be rising from $1,600 to $2,000 per month, they said. They moved in with a family member. “We’re trying to save to get out of the cycle,” said the father, an immigrant from Haiti who sells life insurance.
The article downplayed the impact of Biden’s border policy and instead sought to focus all the blame on real-estate companies.
Since January 2021, Biden’s migration has added at least 4 million southern migrants to the United States population, not counting at least two million legal immigrants and visa workers. Assuming six people per apartment, that’s an extra demand for roughly 700,000 apartments in two years when only 800,000 new apartments were completed.
Housing industry groups recognize — but downplay — the link between migration and rents.
“Rising rents are largely a byproduct of limited supply and high demand across the rental market,” said a July 2022 op-ed in the Washington Post by Robert Pinnegar, the president and CEO of the National Apartment Association in Arlington, Va.
An August 22 report by the apartment association lamented the slowdown of migration by President Donald Trump:
Immigration was already on the decline prior to the pandemic, noticeably tapering off in 2017. By 2019, immigration was nearly half the level of 2016 when it was over 1 million persons. The pandemic further crushed that figure, and in 2021, just 245,000 immigrants entered the U.S. Although the new administration has put several policies in place to improve immigration, it has been slow to return …
…
In the upside scenario, … immigration rates increase to recent highs, or about 1.2 million per year. This would provide both a higher level of minorities and younger people to the population base. In this scenario … the strong population growth leads to demand for 4.8 million units, or about 344,000 per year.
“I think this is the strongest real estate market I’ve seen in 30 years, 35 years,” Starwood founder Barry Sternlicht said in early 2022.
“We’re in a position now where occupancy is extremely strong and we are pushing rents,” a Starwood executive told a real-estate event, the Post reported.
Starwood rejected the Post‘s investor-focused blame, saying in a statement that: “We would not have been able to grow and maintain our portfolio at this size if we acted differently than any other landlord in this space.”
Academic research says immigration drives up rents — and also spikes housing prices in nearby locations as Americans flee from the civic impact of the new migrants.
“Using data that span from 2002–2012, we find, as have others, that immigration inflows are associated with rising rents and prices,” according to a March 2017 study of almost 300 “Metropolitan Statistical Areas (MSA), titled “Immigration and housing: A spatial econometric analysis.” The summary reported:
An increase in the number of immigrants equal to 1 percent of an MSA’s total population was linked with a 0.8 percent increase in rents and a 0.8 percent increase in home prices.
This same increase in immigrants was associated with a 1.6 percent rise in rents and a 9.6 percent rise in home prices in surrounding MSAs.
As immigrants move into an MSA, natives tend to move to surrounding MSAs, indicating that the spillover effects may be driven by native-population movements.
Immigrants now comprise roughly 14 percent — or one in seven — of all residents in the United States. That inflow has helped to spike rents and housing costs in California and other coastal states, especially when politicians and builders jointly roll back suburban zoning rules.
“Rents are simply about supply and demand,” said Andrew Good, a director at NumbersUSA. He added:
Not only is it not a secret, but industry reports say the truth out loud: It is beyond dispute that today’s demand is driven by our loose borders … Rent-raising companies are just following the market that Congress created. It will continue until voters put their foot down.
The combination of rising housing costs and decades of flatlined wages is also pushing many people to crowd into overcrowded housing. The New York Times reported in August 2020 about poor migrants trying to live near their service-sector jobs in California’s Silicon Valley during the coronavirus crash:
There were 12 people in three bedrooms, with a bathroom whose door frequently required a knock and a kitchen where dinnertime shifts extended from 5 p.m. well into the evening.
Karla Lorenzo, a Guatemalan immigrant who cleaned houses in San Francisco and Silicon Valley, lived in the big room along the driveway. Big is a relative term when a room has five people in it. She and her partner, Abel, slept in a queen-size bed along the wall. There was a crib for the baby at the foot, with the older children’s bunk bed next to that. The other housemates had similar layouts.
The rising rents and shrinking salaries are also helping to spike the number of homeless Americans.
Since 1990, the federal policy of Extraction Migration is pulling in more migrant renters, workers, and consumers, and has repeatedly been defended by the Washington Post, which is owned by Jeff Bezos, founder of the Amazon retail empire.
This open-borders policy reverses the low-migration, high-wage policies set by President Donald Trump — and the reversal helped cause a massive run-up in stock prices when Biden was elected.
For example, Mid-America Apartment Communities Inc. was worth $134 per share in January 2021 when Biden was inaugurated. It spiked to $229 per share 12 months later, before falling to $156 in January 2022 amid rising interest rates. But the company’s January 2021 to January 2022 rise-and-fall still left it up by 16 percent amid two years of high migration.
Similarly, Starwood’s stock value doubled from October 2020 to June 2021 — but then dropped by 27 percent in January 2022 amid higher interest rates. That rise and fall back to January 2021 levels matched other apartment investors, such as Avalon Bay, and Equity Residential.
“Increased immigration will be key to sustaining apartment demand in these areas over the coming decades,” said the report by the apartment association.
Rents are rising because real estate companies are trying to please investors, says a Washington Post report that ignores the economic impact of President Joe Biden’s open borders policy.
The January 2 article focused on rising rents at apartments owned by Starwood Capital Group:
At Starwood’s Estates at Wellington Green in Palm Beach County, Fla., the company raised some rents by as much as 52 percent in 2022; at the Griffin Apartments in Scottsdale, Ariz., it increased them by 35 percent over the same period. At the Cove at Boynton Beach in Florida, it boosted rents on some units by as much as 93 percent in 2022.
…
Edgar Enrique, a pool cleaner from Guatemala who shares with his wife a one-bedroom at Starwood’s Reserve at Ashley Lake, said his rent jumped from $1,600 to $2,000. “For me, it’s not good,” Enrique said. “Why does it cost $400 more now?”
The rents are rising fast because investment executives are pushing to maximize their companies’ profits, the Post reported:
Some families said they were forced into difficult downsizings: Couples with children moved from two-bedroom to one-bedroom apartments even though, as one father said, “we’re tripping over each other.” Another family with three children had a two-bedroom at the Reserve at Ashley Lake. A few months ago, they got a notice that the rent would be rising from $1,600 to $2,000 per month, they said. They moved in with a family member. “We’re trying to save to get out of the cycle,” said the father, an immigrant from Haiti who sells life insurance.
The article downplayed the impact of Biden’s border policy and instead sought to focus all the blame on real-estate companies.
Since January 2021, Biden’s migration has added at least 4 million southern migrants to the United States population, not counting at least two million legal immigrants and visa workers. Assuming six people per apartment, that’s an extra demand for roughly 700,000 apartments in two years when only 800,000 new apartments were completed.
Housing industry groups recognize — but downplay — the link between migration and rents.
“Rising rents are largely a byproduct of limited supply and high demand across the rental market,” said a July 2022 op-ed in the Washington Post by Robert Pinnegar, the president and CEO of the National Apartment Association in Arlington, Va.
An August 22 report by the apartment association lamented the slowdown of migration by President Donald Trump:
Immigration was already on the decline prior to the pandemic, noticeably tapering off in 2017. By 2019, immigration was nearly half the level of 2016 when it was over 1 million persons. The pandemic further crushed that figure, and in 2021, just 245,000 immigrants entered the U.S. Although the new administration has put several policies in place to improve immigration, it has been slow to return …
…
In the upside scenario, … immigration rates increase to recent highs, or about 1.2 million per year. This would provide both a higher level of minorities and younger people to the population base. In this scenario … the strong population growth leads to demand for 4.8 million units, or about 344,000 per year.
“I think this is the strongest real estate market I’ve seen in 30 years, 35 years,” Starwood founder Barry Sternlicht said in early 2022.
“We’re in a position now where occupancy is extremely strong and we are pushing rents,” a Starwood executive told a real-estate event, the Post reported.
Starwood rejected the Post‘s investor-focused blame, saying in a statement that: “We would not have been able to grow and maintain our portfolio at this size if we acted differently than any other landlord in this space.”
Academic research says immigration drives up rents — and also spikes housing prices in nearby locations as Americans flee from the civic impact of the new migrants.
“Using data that span from 2002–2012, we find, as have others, that immigration inflows are associated with rising rents and prices,” according to a March 2017 study of almost 300 “Metropolitan Statistical Areas (MSA), titled “Immigration and housing: A spatial econometric analysis.” The summary reported:
An increase in the number of immigrants equal to 1 percent of an MSA’s total population was linked with a 0.8 percent increase in rents and a 0.8 percent increase in home prices.
This same increase in immigrants was associated with a 1.6 percent rise in rents and a 9.6 percent rise in home prices in surrounding MSAs.
As immigrants move into an MSA, natives tend to move to surrounding MSAs, indicating that the spillover effects may be driven by native-population movements.
Immigrants now comprise roughly 14 percent — or one in seven — of all residents in the United States. That inflow has helped to spike rents and housing costs in California and other coastal states, especially when politicians and builders jointly roll back suburban zoning rules.
“Rents are simply about supply and demand,” said Andrew Good, a director at NumbersUSA. He added:
Not only is it not a secret, but industry reports say the truth out loud: It is beyond dispute that today’s demand is driven by our loose borders … Rent-raising companies are just following the market that Congress created. It will continue until voters put their foot down.
The combination of rising housing costs and decades of flatlined wages is also pushing many people to crowd into overcrowded housing. The New York Times reported in August 2020 about poor migrants trying to live near their service-sector jobs in California’s Silicon Valley during the coronavirus crash:
There were 12 people in three bedrooms, with a bathroom whose door frequently required a knock and a kitchen where dinnertime shifts extended from 5 p.m. well into the evening.
Karla Lorenzo, a Guatemalan immigrant who cleaned houses in San Francisco and Silicon Valley, lived in the big room along the driveway. Big is a relative term when a room has five people in it. She and her partner, Abel, slept in a queen-size bed along the wall. There was a crib for the baby at the foot, with the older children’s bunk bed next to that. The other housemates had similar layouts.
The rising rents and shrinking salaries are also helping to spike the number of homeless Americans.
Since 1990, the federal policy of Extraction Migration is pulling in more migrant renters, workers, and consumers, and has repeatedly been defended by the Washington Post, which is owned by Jeff Bezos, founder of the Amazon retail empire.
This open-borders policy reverses the low-migration, high-wage policies set by President Donald Trump — and the reversal helped cause a massive run-up in stock prices when Biden was elected.
For example, Mid-America Apartment Communities Inc. was worth $134 per share in January 2021 when Biden was inaugurated. It spiked to $229 per share 12 months later, before falling to $156 in January 2022 amid rising interest rates. But the company’s January 2021 to January 2022 rise-and-fall still left it up by 16 percent amid two years of high migration.
Similarly, Starwood’s stock value doubled from October 2020 to June 2021 — but then dropped by 27 percent in January 2022 amid higher interest rates. That rise and fall back to January 2021 levels matched other apartment investors, such as Avalon Bay, and Equity Residential.
“Increased immigration will be key to sustaining apartment demand in these areas over the coming decades,” said the report by the apartment association.
Homeless Die in Doorways in L.A. Amid Nationwide Surge in Deaths
LOS ANGELES, California — Homeless people are dying in the doorways of storefronts on the streets of L.A. amid a nationwide surge in deaths among the homeless population in the midst of a cold and stormy winter.
Deaths within the homeless population rose in many U.S. cities in 2022. In Reno, Nevada, for example, the number of homeless deaths doubled in 2022 from the year before; Seattle and King County saw the highest number of homeless deaths in two decades, at 270 people.
Though the immediate causes of death vary, from exposure to COVID, one cause is drug overdoses. There were nearly 108,000 deaths from drug overdoses in the U.S. in 2021, many caused by the spread of lethal fentanyl.
Some critics of current homelessness policies argue that drugs are being overlooked as a cause of the deaths.
Deaths are partly caused by cold conditions: five homeless people died in one recent cold snap in Seattle, for example. But even warm-weather cities are seeing a shocking rise in homeless deaths
The San Diego Union-Tribune recently reported that the city saw a record 574 homeless deaths in 2022, up 7% from the year before — and 39% from 2020. It added that the true number of homeless deaths was likely higher.
Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the recent e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. His recent book, RED NOVEMBER, tells the story of the 2020 Democratic presidential primary from a conservative perspective. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.
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