Immigrants Driving Housing Demand
A newly published study by the Urban Land Institute’s Terwilliger Center for Housing found that immigrant families are responsible for 28% of household growth in the United States over the last two decades. The study, Home in America: Immigrants and Housing Demand, evaluated five different types of immigrant communities in five different major metropolitan areas–San Francisco, Houston, Minneapolis, Buffalo, Charlotte, and Minneapolis-Saint Paul.
Using data from the American Community Survey, the study determined that if not for the continued strong demand for homeownership among immigrant populations, housing markets would not have recovered as quickly and/or would have fallen further during and after the Great Recession.
To read more about this timely data and access the full report, click here.