“University of Washington economist Jacob Vigdor reckons that the country’s 40 million immigrants account for $3.7 trillion in property wealth. [Bloomberg] — Konrad Putzier”
As President Trump prepares a revised version of his immigration policy, experts around the country are predicting the potential impact any type of travel ban or deportation policy could have on the US housing market. With immigrant home purchases and mortgages a growing portion of the market, any destabilization of this segment could have significant effects on the entire housing industry.
Below are three articles further identifying and discussing these issues.
Why Trump’s Immigration Crackdown Could Sink U.S. Home Prices
Deportation orders threaten Trump’s own turf: the real estate market
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