The mass migration agenda imposed upon Britain by both Westminster establishment parties has significantly increased the cost of rent in England, according to analysis from a think tank.
A report from Onward, which studied the impact of migration on the housing market since the gates were first opened in 2001 by the left-wing Labour Party government of then-Prime Minister Tony Blair, found that rents have increased by £132 per month on average in England as a direct result of immigration.
The analysis found that the impact of migration was even more pronounced in the capital city of London, which Onward claimed experienced a £216 per month increase since 2001. This, the think tank said, would have had a cumulative impact on the average renter in London of £20,975 in nominal terms since then.
The estimates were based on a model that accounted for other impacts on the rental market, such as income growth and cultural shifts.
“It operates on the assumption that, aside from net migration, all other factors have evolved identically across scenarios, enabling the model to calculate the rent differences between the actual data and counterfactual no net migration scenarios,” Onward said.
According to their model, immigration resulted in a ten per cent increase in rents since 2001, a six per cent increase since the “rapid rise in net migration” following 2014, and a 3.7 per cent increase following the 2021 “Boris Wave” of immigration after former PM Boris Johnson further liberalised immigration law following Brexit, despite having campaigned on lowering immigration.
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The post Mass Migration Increased Rent Prices by 10 Per Cent in England Since 2001: Report appeared first on American Renaissance.
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Author: Henry Wolff
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