Immigrants’ Impact on Housing Demand and Prices in Some Metropolitan Areas
The United States continues to attract immigrants. By the year 2060, nearly 20 percent of the U.S. population will be foreign-born, a rate even higher than that achieved in the early 1900s. The role of immigrants and their assimilation into U.S. society continues to be the subject of much study and debate. In this presentation, Alex Nowrasteh of the Cato Institute shares his research on the demographics and economic characteristics of the immigrant population, the effect of immigration on housing demand and prices for some metropolitan statistical areas, and their prospects for homeownership.