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Expert Testimony: Mass Immigration Under Biden-Harris Is Driving Up Rents for Americans

by Breitbart
September 26, 2024
in Aggregated, Opinions
Expert Testimony: Mass Immigration Under Biden-Harris Is Driving Up Rents for Americans

The arrival of millions of foreign nationals, many of whom are illegal aliens, under President Joe Biden and Vice President Kamala Harris is helping to drive up rents for working- and middle-class Americans, an expert witness told Congress Wednesday.

Center for Immigration Studies Director of Research Steven Camarota told the House Oversight Committee that immigration levels are intrinsically linked to housing costs — particularly in recent years, when research shows that high immigration levels tend to increase rents for Americans.

“Census Bureau data shows that since January of 2021 the number of immigrant-headed households is up 2.4 million, with perhaps 1.4 million of this increase due to illegal immigration,” Camarota said:

Prior research shows that by increasing demand for housing, immigration drives-up [sic] costs in areas where immigrants settle. My own analysis indicates that a 5-percentage point increase in the recent immigrant share of a metro area’s population is associated with a 12 percent increase in the average U.S.-born household’s rent, relative to their income. However, more analysis is needed to fully explore this relationship. [Emphasis added]

Camarota said United States household data of immigrants who arrived from January 2022 through August of 2024 found that almost 9 in 10 said they were renters. […]

— Read More: www.breitbart.com






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