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New Study: Immigration Caused 40% Of Your Rent Hikes Over 10 Years

By separating the spatial effects and then measuring the indirect “spillover effects,” this research paints a clearer picture of immigration’s overreach into communities, theoretically spread over the whole country.

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Immigration accounts for as much as 40 percent of U.S. rent increases as the housing affordability crisis continues to plague millions of Americans, according to a forthcoming study shared exclusively with The Federalist.

The paper, “Immigration and Rent: A PUMA-Based Spatial Analysis,” will appear this fall in Cityscape magazine as part of a collection of works exploring the relationship between immigration and housing markets.

The research conducted by Dr. Jason Richwine, a resident scholar at the Center for Immigration Studies, found that the surge of immigration which started during the Biden administration has direct implications on the affordability of housing in America today.

His measurement of migration accounts for both legal and illegal immigrants. Although he noted that the exact amount of each within that percentage is hard to quantify as the word “immigrant” has become a gray area.

The Proof Is In The PUMA

Since 2020, home prices have increased by 54 percent nationwide and more than 50 percent in 73 of the country’s 100 largest metros, says Axios.

A recent Federal Reserve working paper found that unauthorized immigrant worker flows caused 30 percent of the total increase in house prices and 20 percent of the increase in rent.

From Dr. Richwine’s examination of data from 2013-2022, his findings attribute immigration to 40 percent of the real rent increase. His study takes into account the indirect “spillover effects” caused by immigration.

Dr. Richwine’s study uses a different kind of sample size called a PUMA (Public Use Microdata Area) — the smallest geographical unit available to researchers from the United States Census Bureau.

In past studies, a number of researchers observed a positive correlation between immigration and housing values using Metropolitan Statistical Area (MSA) spatial analysis. They estimated “an immigration inflow equal to 1 percent of a city’s population is associated with increases in average rents and housing values of about 1 percent.”

“You look at how much immigration is going up in a certain area, like a state or a county and then sees what the effect on housing is there,” Dr. Richwine said. “But the problem with that........

© The Federalist