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re: Home prices up 30% because of Biden era illegal immigration

Posted on 7/6/26 at 9:14 am to
Posted by 632627
LA
Member since Dec 2011
15350 posts
Posted on 7/6/26 at 9:14 am to
2% interest rates and lack of inventory during COVID is why home values increased. They’ve been stagnant since rates normalized.
Posted by Fuzzy Dunlop
Member since Mar 2025
537 posts
Posted on 7/6/26 at 9:18 am to
Why quote almost the entire article and leave the very next part out

quote:

They stress these estimates apply to the average metro area studied and do not suggest immigration was the sole driver of rising housing costs nationwide.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140172 posts
Posted on 7/6/26 at 9:21 am to
quote:

Why quote almost the entire article and leave the very next part out...

do not suggest immigration was the sole driver of rising housing costs nationwide.
Perhaps because the paper did not remotely intimate that immigrant influx was the sole driver of rising housing costs anywhere?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140172 posts
Posted on 7/6/26 at 9:23 am to
quote:

lack of inventory
Did not manifest until mid-2021. The OP points out a major contributor to that supply-demand mismatch.
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