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Posted on 07/05/2026 7:22:43 PM PDT by CFW
A new Federal Reserve Bank of Dallas working paper estimates the record surge in illegal immigration during the Biden administration boosted employment while driving up home prices by as much as 30% and rent by 20%.
The paper combined immigration court records with government administrative data to create the first ever calculation of how a wave of 7 million illegal immigrants from 2021 through 2024 affected local labor and housing markets.
"From early 2021 to early 2024, the U.S. experienced an unprecedented boom in unauthorized immigration, followed by a rapid slowdown beginning in mid-2024. We provide the first systematic empirical assessment of the labor- and housing-market effects of this episode," the working paper said.
"The total weighted-mean increases in house prices and rents over this period were 22.4% and 22.6%, respectively. Putting these together, for the average MSA, UIWF can explain approximately 30% of the total increase in house prices and 20% of the total increase in rents," it added.
(Excerpt) Read more at justthenews.com ...
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Should I sell? I live in earthquake country.
Should I sell? I live in earthquake country.
It depends on how you vote and where you live. If you’re a liberal in California, just stay there. LOL!
Remember, you are NOT being replaced.
I have been saying this for a while: Those people have to live somewhere. And it just pushed demand up the scale. And as you go up the scale, there are fewer available homes…so higher prices all around.
Do the school systems next!
These morons never took microeconomics.
The full paper is at The Impacts of Unauthorized Immigration on U.S. Labor and Housing Markets: New Evidence from Administrative Microdata .
The freeloading Socialist piggies ran up everything. Car prices, gasoline, education, healthcare, food, everything you can think of. Of course, the Socialist DemonRATS blamed it on Trump and Maga. Lying filth and the ignorant maggots bought it.
Already happening in DFW with the H1B restrictions.
WE DO NOT HAVE A “HOUSING CRISIS”
WE HAVE AN CRISIS OF ILLEGALS INSIDE THE USA.
It is the same for traffic on the highways, lack of power on the electricity grid, and over crowded schools.
Biden was a brain dead human used as a vessel for obama’s third term.
Just like Kamala Harris
30% and 20% of the rise. The rise was 22.6 % for both house prices and rent, so the rise attributable to illegal immigration was 6.8% on home prices and 4.5 on rentals.
If yelling ICE won’t send your neighbors running, then illegals haven’t raised your housing prices.
Joe has an excuse. He had brain surgery and had alzheimers.
Kamala is just plain ignorant.
She would lose a tic tac toe game against herself.
And she would wonder what would become of it as it became it out of nothingness in the wilderness.
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