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X account @secscottbessent named that, a Federal Reserve Bank of San Francisco paper found that 2021 to 2024 unauthorized immigrant inflows accounted for approximately 20% of the increase in rents; it also stated that stronger immigration enforcement and rents could be...
A San Francisco Federal Reserve paper recently found that the influx of unauthorized immigrants under the radical left accounted for 20% of rent growth during the 2021-2024 Bidenflation surge.
By contrast, President Trump’s immigration enforcement policies are producing the opposite effect. State-level data show a strong association between increased immigration enforcement and more affordable rents.
A San Francisco Federal Reserve paper recently found that the influx of unauthorized immigrants under the radical left accounted for 20% of rent growth during the 2021-2024 Bidenflation surge.
By contrast, President Trump’s immigration enforcement policies are producing the opposite effect. State-level data show a strong association between increased immigration enforcement and more affordable rents.
@POTUS will always put American families FIRST.
The following is analysis, separate from reported facts. Verify important claims independently.
U.S. rents and housing affordability: If the research findings and state-level association hold, stronger immigration enforcement could improve rental affordability in some areas; however, the available material describes only a correlation and cannot establish causation. U.S. immigration enforcement policy: This statement supports a policy argument that stricter enforcement could affect housing costs, but it may also have other impacts on labor, population movement, and local public finances.
The information comes from an X account and concerns an overview of an unspecified Federal Reserve Bank of San Francisco paper and state-level data. The original text did not provide the paper's link, sample, or statistical methods, so it cannot currently be independently verified.
Focus: U.S. rents and housing affordability. Observation period: medium term. Focus: U.S. immigration enforcement policy. Observation period: medium term
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