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NEW YORK: Across much of the developed world, one of the most dependable drivers of economic growth is faltering.For decades, the rapid inflow of migrants helped countries including Canada, Australia and the United Kingdom stave off the demographic drag from aging populations and falling birth rates. ....
Many developed countries are facing economic challenges as migration-driven growth falters due to housing shortages. Despite the positive impact of immigration on workforce gaps, housing affordability worsens, leading to per-capita recessions. Countries like Canada and Australia are reevaluating their immigration policies to address these issues and sustain economic growth. ....
Global housing shortages are crushing immigration-fuelled growth businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
A cross much of the developed world, one of the most dependable drivers of economic growth is faltering. For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates. That’s now breaking down as… ....