New Fed Working Paper Says Illegal Immigrants Caused Home Rent Spike
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Rents across the United States have spiked upwards of 20 percent over the last several years, and it turns out a good chunk of this may have been caused by mass migration. A new working paper from the Federal Reserve reports that large-scale illegal immigration was a possible driver to the costs of homes and rent increasing nationwide.
We’ll discuss this topic and others in this episode of Crossroads.
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