Tech Insider
Economy
The NYPD 7th Precinct activated a Level 1 for crowd control as a large number of asylum-seekers sought shelter at 185 East 7th Street in Manhattan.
The NYPD 7th Precinct activated a Level 1 for crowd control as a large number of asylum-seekers sought shelter at 185 East 7th Street in Manhattan on Saturday January 6, 2024.

Theodore Parisienne/Getty Images

  • An influx of over 175,000 migrants in New York City has further exposed the city's housing crisis.
  • Mayor Eric Adams warned the migrant influx could 'destroy' the city.
  • But the US relies on immigrants to fill key jobs – and they've long boosted the housing market.

No country in the world attracts more immigrants than the US — and no place symbolizes this better than New York City.

Tags
economy, Real Estate, finance, Housing, Homelessness, Immigration, Immigrants, migrants, new-york-city, affordability-crisis, real-estate, Rent, home-prices
Source
The US needs immigrants to fill jobs, but can't house them. Nowhere makes this …