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Authored by Mike Shedlock via MishTalk.com,

New York City hotel prices have never been higher. Illegal immigration is part of the reason why. Mayoral graft is another…

The New York Times explains Why N.Y.C. Hotel Rooms Are So Expensive Right Now

Three Things

• Uncontrolled immigration

• An alleged right to shelter

• A corrupt mayor purposely removes listings to benefit a favored political group.

The cost to the city is $10 billions. Taxpayers are on the hook for the cost.

Where Do We Put 8 Million Illegal Immigrants?

On May 23, I noted Competing Forces on Rent, then asked Where Do We Put 8 Million Illegal Immigrants?

We have at least a partial answer now.