Source: Olga Nesterova on X/Twitter — Private front-end.
People also share that this is causing travel disruption:
Relevant: President Donald J. Trump Suspends the Entry of Certain Alien Nonimmigrant Workers
Source: Olga Nesterova on X/Twitter — Private front-end.
People also share that this is causing travel disruption:
Relevant: President Donald J. Trump Suspends the Entry of Certain Alien Nonimmigrant Workers
Yeah I suppose that’s a good point.
However, you’d have higher paid Americans spending more money in America.
I dunno. I’m not an economist, but there’s a housing crisis and I feel like companies importing cheap labour is a piece of the problem.
Also, I’m Canadian, so I’m kinda using our TFW program as an analogue, I’m not entirely sure how H1Bs work.
There’s more housing than demand in the US. The cause of the “housing crisis” is institutional landlords who snapped up foreclosures after 2008 for pennies and jacked up rents beyond affordability, as well as keeping units vacant to make it appear that there is constrained supply. There aren’t nearly enough H1B holders to impact nationwide affordability.
It’s a multi-pronged problem, all of which lead you back to the same root problem of corporate greed.