IMHO: The unregulated mass migration that we've been seeing is absurd. Many of the people who are migrating would be of greater benefit in the communities where they were born than in their destination communities.

Economist use the term "developed world" to refer to richer nations and "emerging markets"

The economies in "the developed world" are growing at a slower rate than the emerging markets. So while there may be more money in the developed world at the moment, there is actually greater opportunity in the emerging market.

I am not opposed to migration. Migration usually has positive benefits. But the people who are migrating from the emerging markets to countries that they see as richer are not doing the world a favor. They are moving from lands with greater economic potential to places where they might become a burden on the society.

Effects on Housing

So, I live in the United States. The massive migration in the last year is straining the housing market in a few of the destination communities. The price of low income housing in the US is soaring. Poor people in the US are suffering the brunt of the strain.

The current unregulated migration is not having positive benefits of other migrations.