No matter where you stand in the political divide, it’s clear that the election of Donald Trump will have widespread implications across the broad swath of American life.
What about housing?
One of Trump’s major campaign promises was to deport millions of undocumented. immigrants. At a rally in Arizona, Trump declared that immigration “is driving housing costs through the roof” and that his mass deportation plan lower home prices.
Analysts report that undocumented immigrants are not qualified to conventional mortgages and must purchase homes with cash. While this is certainly unlikely (perhaps 0.1% of home purchases), higher immigration levels can certainly drive up rents in a city.
Analysts also agree that undocumented immigrants may make up to as much as 15% of the construction workforce and that mass deportation could only make a labor shortage crisis worse and actually drive up home prices.