Global Housing Shortages and Immigration-Fueled Growth: A Challenge for Economies =============== #3cba1515 ver:0.07 The US housing market is facing challenges with declining sales, rising mortgage rates, and limited inventory, impacting economic growth and consumer spending. Furniture prices are falling due to inflation and a slowdown in consumer spending. China's economy is struggling with a slumping housing sector and rising unemployment, raising concerns about its international ambitions. The US housing shortage is causing ripple effects throughout the economy, contributing to inflation and wealth inequality. Immigration-fueled growth is hindered by chronic housing shortages in countries like Canada, Australia, and the UK, leading to per-capita recessions. Government policies are needed to address these challenges. #HousingMarket #EconomicGrowth #ConsumerSpending #Inflation #ChinaEconomy #Immigration... #newstr #HousingShortage #Immigration #EconomicGrowth #UsHousingMarket #ConsumerSpending https://here.news/story/3cba1515?ver=0.07