No one can say what it will do. You are talking about injuring the body and guessing what the healing process will be.

How many times do you get cut, scratched, or otherwise lacerated, and the skin heals so that nothing is noticeable. Now how many times are you left with a permanent scar, or mark, or discolouration of the skin?

This is the same gamble you take with hair plucking.

It's kind of strange to me to have always read waxing info about hair becoming more thin, finer etc. Yet sometimes the hair does become more noticable ie thicker. It's false information imo.

No. The missing information is related to WHERE one waxes. Facial areas are a no-no, legs get the green light. Hair on different parts of the human body behave differently because of two things: hormonal sensitivity and blood supply.