NPR logo

Immigrants Expected to Boost U.S. Housing Market

  • Download
  • <iframe src="https://www.npr.org/player/embed/18518864/18518842" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Immigrants Expected to Boost U.S. Housing Market

Economy

Immigrants Expected to Boost U.S. Housing Market

Immigrants Expected to Boost U.S. Housing Market

  • Download
  • <iframe src="https://www.npr.org/player/embed/18518864/18518842" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Assuming Congress doesn't impose further restrictions, immigrants — both legal and illegal — and their native-born children are expected to provide the bulk of coming years' growth in home-buying demand, nudging the market back up and aiding the broader economy.

Most native-born children of immigrants are classified as minorities, and minorities' share of new U.S. households — a key driver of housing demand — is expected to rise from a little more than two-thirds now to more than three-quarters by 2020.