But the majority of the economic literature points to these drawbacks being eventually mitigated by the economic upsides to immigration. Higher housing prices are usually offset by increased supply owing to many immigrants joining the construction industry. And the greater GDP growth that usually accompanies immigration can actually raise native-born wages, the Deloitte researchers noted, by boosting overall productivity.
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The government of the self-styled “anarcho-capitalist” president, Javier Milei, says the initiative will help revive formal employment, after 290,600 registered jobs were lost between December 2023, when he took office, and November 2025.