Share
News

Trump Admin Uncovers How Housing Costs Skyrocketed: The Numbers Point to Biden's Immigration Policy

Share

When the Biden administration allowed unprecedented numbers of immigrants to enter the United States, housing prices rose as an immediate and direct result.

The biennial “Worst Case Housing Needs” report, published by the Department of Housing and Urban Development, tracks issues facing low-income families who rent their homes.

That population was most impacted by the influx of foreigners who drove up housing demand and rental prices.

“Between 2021 and 2024, the foreign-born population of the United States increased by more than 6 million — the largest such increase over such a short period in American history,” the report noted.

“The foreign-born population now stands at more than 53 million individuals, making up the highest share of the American population in history,” the report added.

“This immigration-driven increase in households has contributed to a significant increase in housing demand, thus driving up housing prices.”

The agency even said that “in some markets, immigration has accounted for nearly all of the increase in housing demand in recent years.”

Even as economic growth has not sufficiently translated to higher wages for low-income families, which would make rent more affordable, the sudden rise in immigration drove “sustained high rental demand, which has continued to place upward pressure on rent prices.”

Housing demand is inelastic. In other words, the supply of housing cannot quickly respond to rapidly rising demand, since building new units can sometimes take years.

That means “moderating demand may be a more effective policy option than very worthwhile efforts to increase supply.”

Related:
House Democrats Flip, Join Republicans to Overturn Biden-Era Regulation

Even before the Biden administration, which saw the fastest two-year increase in the foreign-born population in American history between March 2022 and March 2024, the arrival of foreigners has contributed to higher housing costs.

Some 20 million foreigners have arrived in the United States since 2000.

“The growth in households attributable to non-citizens was 13 percent between 2019 and 2023, compared to 7 percent between 2015 and 2019,” the report continued.

“This further demonstrates that non-citizen households are playing an increasing role in the household growth that is straining the affordable housing supply.”

The agency also recommended against “demand-side housing subsidies,” which only exacerbate price increases by failing to address the root cause of low housing supply.

“This means that while those receiving housing assistance benefit from that assistance, low-income households who do not receive assistance may be harmed by the higher prices caused by the extra demand created by rental assistance,” the report said.

Truth and Accuracy

Submit a Correction →



We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
, , , , ,
Share
Michael wrote for several entertainment news outlets before joining The Western Journal in 2020. He now serves as Managing Editor, which involves managing the editorial team and operations; guiding the editorial direction of The Western Journal; and writing, editing, curating and assigning stories as needed.
Michael Austin graduated from Iowa State University in 2019. During his time in college, he volunteered for both PragerU and Live Action. After graduation, Michael went on to work as a freelance journalist for various entertainment news sites before joining The Western Journal as an intern in early 2020.

Shortly thereafter, Michael was hired on as a staff writer/reporter. He now serves as Managing Editor, which involves managing the editorial team and operations; guiding the editorial direction of The Western Journal; and writing, editing, curating and assigning stories as needed.
Birthplace
Ames, Iowa
Nationality
American
Education
Iowa State University
Topics of Expertise
Cultural Politics, Entertainment News, Christian-Conservatism




Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. Advertise Today.

Conversation