Could Immigration Crackdowns Crash the Housing Market?

Immigrants, both documented and undocumented, are a growing factor in the demand for new housing. In the long term (or sooner), the Trump Administration's hard line on newcomers could lead to instability for the rest of us.

1 minute read

March 20, 2017, 6:00 AM PDT

By Philip Rojc @PhilipRojc


Arizona Suburb

Tim Roberts Photography / Shutterstock

Who's renting or buying all that new suburban tract housing, especially in the Sun Belt? Increasingly, it is people who haven't been long in the United States, including some living here without documentation. In 2013, a Mortgage Bankers Association study found that "in this decade, immigrants nationwide will account for 32.2% of the growth in all households, 35.7% of growth in homeowners and 26.4% of growth in renter households."

It also found that foreign-born residents are buying homes at an increasing rate. And that's not just in your typical "immigrant" states. Edward Helmore writes, "while immigrants were once concentrated in a few gateway states, such as California, New York and Florida, the pattern of immigration after the 2007 economic crash is less concentrated."

The study's author warns that many immigrants pool incomes to purchase homes. Take away only one of those parties, and the purchase can no longer happen.

Another observer points out that while a crackdown on undocumented immigrants alone could chill the market, the real danger is a long-term drop in immigration of every kind. In time, that could critically depress both the housing market and the market for talent in this country.

Thursday, February 23, 2017 in The Guardian

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

U-Haul truck on road with blurred grassy roadside in background.

Americans May Be Stuck — But Why?

Americans are moving a lot less than they once did, and that is a problem. While Yoni Applebaum, in his highly-publicized article Stuck, gets the reasons badly wrong, it's still important to ask: why are we moving so much less than before?

March 27, 2025 - Alan Mallach

Rusty abandoned oil well and equipment with prickly pear cactus next to it in West Texas.

Using Old Oil and Gas Wells for Green Energy Storage

Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.

March 31, 2025 - Pennsylvania State University

People sitting and walking in plaza in front of historic Benton County Courthouse in Bentonville, Arkansas.

Placekeeping: Setting a New Precedent for City Planners

How a preservation-based approach to redevelopment and urban design can prevent displacement and honor legacy communities.

March 28, 2025 - Emily McCoy

Orange and white vintage-look streetcar on Market Street in San Francisco, CA.

San Francisco’s Muni Ridership Grew in 2024

The system saw its highest ridership since before the Covid-19 pandemic, but faces a severe budget shortage in the coming year.

4 hours ago - San Francisco Chronicle

Green and silver Max BRT bus at station in Fort Collins, Colorado.

Colorado Lawmakers Move to Protect BRT Funding

In the face of potential federal funding cuts, CDOT leaders reasserted their commitment to planned bus rapid transit projects.

5 hours ago - Colorado Public Radio

Low view of separated bike lanes in middle of Pennsylvania Avenue with U.S. Capitol dome visible at end of street at night.

Safe Streets Funding in Jeopardy

The Trump administration is specifically targeting bike infrastructure and other road safety projects in its funding cuts.

6 hours ago - Grist