Biden-era illegal immigration drove up housing costs, Fed economists find

Biden-era illegal immigration drove up housing costs, Fed economists find

Source: www.foxbusiness.com · Section: business-tech · Bias: Right · Published: Sun, 05 Jul 2026 17:45:21 GMT

A Federal Reserve working paper finds unauthorized immigration during the Biden administration drove up home prices by 2.2% and rents by 1.4%.

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