The Impact of Immigration Reform On the U.S. Housing Market

“If the House of Representatives passes its version of the immigration bill–which calls for tighter restrictions along the Mexican border–it will directly affect the U.S. economy, and severely impact realtors in states with a high percentage of Hispanic-American home buyers. Americas future generations will also feel the impact, since limiting the number of immigrants entering the U.S. will also limit the number of next-generation Hispanic Americans. In fact, a study by the Joint Center for Housing Studies of Harvard University predicts that the countrys Hispanic population will make up 40 percent of first-time home buyers by 2026.

But that will change should Congress get its way, and toughen enforcement and border security, which will, essentially, treat illegal immigrants as felons. The truth is undocumented workers contribute immensely to their communities and the economy. They have established businesses, bought homes and immersed themselves seamlessly into American life.”

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