> Finally, a note on the immigration/wage studies – none of the studies seem to
> have examined the possible effect of immigrants on local housing markets. (I am
> prepared to stand corrected, if someone knows of such a study.)
I don't know of such a study but I'm surprised that it hasn't been examined in America. I don't think I've seen a single report about the Dublin housing market - where inflation is running about 20% annually - that hasn't mentioned immigration as a key factor in the ongoing escalation of prices.