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Immigration Surge Drives Housing Costs | Dayton News
A new Federal Reserve working paper claims a surge in undocumented immigration between 2021 and 2024 drove up U.S. home prices and rents by outpacing housing supply — calling the influx “unprecedented.” Though still a draft and not official policy, the paper’s findings are already fueling debate, especially as foreign-born residents jumped by over six million — the largest increase in U.S. history — with cities like New York and California seeing sharp rental growth tied to new arrivals. Former Trump officials and analysts are citing the report to argue that hardworking Americans are…
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