So, when the native population in the UK (or the USA) complains about illegal immigrants arriving on dinghies, or climbing over walls, and when these illegal immigrants get housed in five-star hotels, there is a reason for this policy and there is someone behind the scenes who benefits handsomely. Otherwise, it would simply not happen.ChatGPT: When population declines, housing prices tend to drop to zero in marginal areas. Properties are a very important security protecting existing loans from nonperformance. Therefore, the banking industry may lobby for increased immigration.
Yes, the banking industry has strong incentives to support policies that sustain or increase housing demand, including immigration. Here’s how these factors connect:
1. Housing as Loan Collateral
Banks issue mortgages with the expectation that properties serve as reliable collateral.
If housing prices collapse due to depopulation, the value of this collateral declines, increasing the risk of loan defaults and financial instability.
2. Population Decline & Housing Depreciation
When fewer people live in an area, demand for housing drops, leading to price declines.
In extreme cases (e.g., Detroit or rural Japan), properties become nearly worthless, and abandoned homes create further negative economic spillovers.
3. Banking Industry’s Interest in Housing Stability
Banks benefit from stable or rising property values, which protect their mortgage portfolios.
High immigration can help offset population decline, ensuring a steady demand for housing and supporting property prices.
Without an influx of new residents, marginal areas risk turning into economic dead zones, leading to widespread loan nonperformance.
4. Lobbying for Immigration Policies
The financial sector has an interest in policies that sustain population levels, including:
Higher immigration to counteract declining birth rates.
Incentives for homeownership among new residents.
Policies that promote economic activity in struggling regions.
In countries like Canada and Australia, banks and real estate industries actively support immigration policies to maintain housing demand.
Would you like insights into how this plays out in specific countries or historical cases?
Population decline would cause a financial crisis that would eventually destroy the banking industry.
I personally do not like the banks. I think that they are very manipulative scumbags. So, I would not mind their wholesale bankruptcy at all. Furthermore, I would personally benefit handsomely from a situation in which cryptocurrencies replace the existing banking system. Therefore, I am in favor of a (even just temporary) bout of natural population decline. Fundamentally, I do not care about immigration but I absolutely do not want it to be used as a tool to prop up the banking industry.
In my opinion, it is not possible to control immigration properly or reduce illegal immigration without first taking on the bankers and removing their greedy fingers from the levers of political power. Unfortunately, people tend to bark up the wrong tree. They simply refuse to point their fingers at the real culprits.
