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Dallas Fed finds that illegals are behind 30 percent of home price spikes
American Thinker ^ | 07/11/2026 | Monica Showalter

Posted on 07/11/2026 8:34:59 PM PDT by SeekAndFind

Economics 101: Increase supply and prices go down. Raise demand, and prices go up.

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That's what we are seeing in spades in the housing market in the wake of Joe Biden releasing as many as 14 million illegals into the interior of the country.

Housing prices in the U.S. went up. More people competing for the same supply of housing will do that. And illegals, who qualify for public subsidy programs allowing them to buy over other Americans, were ravenously buying. They also fill public housing, leaving Americans to go without, and populate growing 'informal' shantytowns, though President Trump is trying to put a stop to it.

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That's called a classic demand shock, which has the same effect as inflation, but isn't the same as inflation, given that if the problem can be removed, the price hikes go away, not gradually but suddenly. It's a very good additional argument for mass deportation.

According to the  Washington Post, which has a nit-picky piece attempting to deflect the actual rising-price problem:

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Drafted by economists Daniel Wilson of the San Francisco Fed and Xiaoqing Zhou of the Dallas Fed, the working paper is the first systematic attempt to measure the local economic effects of what the authors call an unprecedented boom in unauthorized immigration, which added 7 million people to the U.S. population between early 2021 and early 2024.

The authors used restricted court records showing where immigrants settled, along with records of migrants granted temporary permission to enter the country. The study found that an inflow of unauthorized workers equal to 1 percent of the local workforce raised area home prices about 2.2 percent and rents about 1.4 percent, with no detectable pickup in home building to absorb the demand.

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(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: affordability; homes; illegals

1 posted on 07/11/2026 8:34:59 PM PDT by SeekAndFind
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To: SeekAndFind

From Washington Post:

https://www.washingtonpost.com/business/2026/07/06/immigration-housing-costs-inside-fed-paper-trump-cited/

[EXCERPT]

These estimates imply that, in the average metropolitan area, unauthorized immigration raised house prices by 6.6 percent from early 2021 to early 2024. The actual home price growth was 22.4 percent in those markets over the period. This means unauthorized immigration explains roughly 30 percent of home-price growth — a meaningful contribution, but not a 30 percent increase in home prices as stated by Trump.


2 posted on 07/11/2026 8:36:11 PM PDT by SeekAndFind
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To: SeekAndFind
Illegals will pack a modest suburban home with 30 amigos. They pool their bucks so price is not a problem.

3 posted on 07/11/2026 8:42:00 PM PDT by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and his mercy endures forever. — Psalm 106)
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To: SeekAndFind

Pack them in like cord wood and charge what the traffic will bare...of course lock your doors...that’s a given and kiss your safe neighborhood good bye....

Say thanks brandon.


4 posted on 07/11/2026 8:55:29 PM PDT by BFW
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To: SeekAndFind

Bookmark.


5 posted on 07/11/2026 9:07:20 PM PDT by Inyo-Mono
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To: SeekAndFind

That means it’s 150%+ over last 15 years. Duhhhh, it’s so obvious, and the dem solution is, I guess free money to pay for it?


6 posted on 07/11/2026 9:09:00 PM PDT by Polanski
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To: SeekAndFind

If they kicked all the illegals and indian h1b’s out of DFW it would be like when Manson said ‘there’d be none of you left’

White kids and people in that area would be in a paradise, but nope.


7 posted on 07/11/2026 9:11:12 PM PDT by Polanski
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To: BFW

Sounds like a good ol’ fire hazard.


8 posted on 07/12/2026 1:27:08 AM PDT by Mr. Blond
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To: SeekAndFind

Our tax dollars at work.
But not for generations of U.S. citizens born here.
Makes me wonder just how much more prosperous we could be without this burden of waste inflicted upon us.


9 posted on 07/12/2026 4:05:03 AM PDT by Omnivore-Dan (have to )
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To: Omnivore-Dan; All
Makes me wonder just how much more prosperous we could be without this burden of waste inflicted upon us.

It would sure put a big hole in the national debt!

10 posted on 07/12/2026 4:13:44 AM PDT by SMARTY (In politics, stupidity is not a handicap. Napoleon Bonaparte I)
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To: SMARTY

Yes, could benefit us in many ways for sure.


11 posted on 07/12/2026 4:23:29 AM PDT by Omnivore-Dan (have to )
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To: SeekAndFind

Unless most of your neighbors speak Spanish, it doesn’t apply to you.


12 posted on 07/12/2026 5:08:42 AM PDT by Brian Griffin
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To: SeekAndFind

House prices primarily rise because they rose.

The secondary driver is stock prices. If young people 18 to 40 all threw their cell phones in the trash, house prices would fall substantially.

A major reason young people are seeing house sticker shock is in in front of their face and in their hand.

Another major reason is the interest rate cuts during Covid.


13 posted on 07/12/2026 5:22:15 AM PDT by Brian Griffin
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To: Governor Dinwiddie

The Asians live communally as well.

3 years ago a group of Vietnamese (notice I didn’t say family) moved in 2 doors down.

The home transaction was somewhere in the upper $400k range IIRC.

For 2 solid years they played music loud at all hours. After the 1st year began to notice a pattern.

Every morning at least a dozen Asians would jump into vans and drive off only to return in the late afternoon.

A little investigative work revealed the home owner had a nail salon at the local mall.

Didn’t take much to see he was housing his workers.

When Trump got elected and started to roust the illegals i submitted an online report to ICE with details about what was going on.

In a month the home was up for sale...inside 2 months they all moved out and the house was sold again.....to and get this MORE Vietnamese.

This time it appears to be a family of 3 with a small daughter and maybe one roommate.

These are quite and don’t make trouble.


14 posted on 07/12/2026 5:40:26 AM PDT by V_TWIN (America....so great even the people that hate it won't leave!)
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To: SeekAndFind

I’m glad to see this finally acknowledged.
It’s been a fun time living in a sanctuary state, during covid lockdown after losing everything in an arson Antifa wildfire. No motels were available. Not even a walk in restaurant was open.
As of this morning, the Evan’s creek fire in Oregon has taken 2500 acres and still burning..5 Miles away.
I’m not running this time. Too old and sick for this crap.


15 posted on 07/12/2026 6:36:34 AM PDT by AuntB (Trump is our Ben Franklin - Brilliant, Boisterous, Brave and ALL AMERICAN!)
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To: SeekAndFind

How is “price growth” not price increase? What language are you speaking?

Also, rent was also spiked by the criminals, by 20%.


16 posted on 07/12/2026 8:58:11 AM PDT by bobbo666
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To: SeekAndFind


17 posted on 07/12/2026 9:27:36 AM PDT by Tommy Revolts
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To: SeekAndFind

Dems are behind it 100% and leaders should be arrested.


18 posted on 07/12/2026 10:46:39 AM PDT by chopperk (,)
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