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Dallas Fed Links Illegal Immigration to Rising Home Prices

A Federal Reserve Bank of Dallas research report has found that unauthorized immigrant worker flows between 2021 and 2024 were associated with significant home-price and rent growth across U.S. metropolitan areas, a finding that lines up squarely with what Vice President JD Vance has been saying for more than a year. The numbers are not small. Dallas Fed economists estimated that unauthorized immigrant worker flows accounted for roughly 30 perce…

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HoweStreet broke the news on Thursday, July 9, 2026.
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