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Notes -
I'm actually collecting evidence on this and writing a longer article, because it is something that strikes me as intuitively obvious and I can identify multiple causal mechanisms, make theories that accurately predict what's happening... but I haven't actually finished yet, because dealing with all the confounding factors is really hard and it isn't like I can just have a control USA built in the Pacific and let it run for 80 years. That said this has the caveat that I'm talking about immigration of largely low-skilled workers, the kind that's actually happening in western countries. If you had nothing but a constant stream of nobel prize winning norwegians then obviously you'd have a different impact. Also, while you can look at the fertility rates of countries experiencing high migration flows and the data supports my argument... it also supports all kinds of other arguments, so caveat emptor.
But if I had to summarise the main thrust of the argument...
So when you bring in large numbers of migrants you make property more expensive, you drive down wages, you take away resources from people who are looking to start families and at the same time impose additional costs on them. Economic uncertainty and housing availability show up as factors fairly consistently in all the studies on family formation rates that I've seen in the west - and even the people who support increased immigration tend to agree that immigration has these impacts (they just usually think that the boost to GDP is worth the costs imposed on less well-off individuals in my experience). I freely admit to not having done all the work on establishing causation etc yet, but it is something I'm working on.
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