Times of IndiaLean R·
Did illegal immigration drive up US home prices? Here's what a Fed study found
A federal reserve bank of Dallas report linked rising unauthorized immigration to increased housing demand. This surge between 2021 and 2024 significantly boosted home prices and rents. The research indicated unauthorized immigrants contributed substantially to employment and housing cost growth. Residential construction lagged behind the rapid increase in housing needs. Other economic factors also influenced the US housing market during this period.
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