I think a good chunk of the tariffs are being offset by the reduction in consumer demand from the illegals being shoved out the door and the reduction in government spending on them as well. I’m expecting to see property/rents drop a little bit for the same reason.
Oil prices are also a significant offset to allow suppliers to maintain their profit margins
And you are right. As more and more are forced to leave, rents and housing prices will drop, along with the prices for many other things. DEMAND is a big part of pricing and having 30 million illegals creates more demand.