Are ICE Deportations Exacerbating the Housing Slump?

The White House published a chart suggesting that the recent pickup in deportations by ICE are driving down housing costs in metro areas with large illegal/undocumented migrant populations.

According to the White House, “In 14 of the top 20 metro areas with the largest illegal migrant populations, home list prices. In 14 of the top 20 metro areas with the largest illegal migrant populations, home list prices declined year-over-year in December — and the three metro areas that saw modest price increases are all so-called “sanctuary cities.” Overall, home prices have dropped for the first time in more than two years as housing affordability shows signs of improvement under the Trump Administration.

Prices declined year-over-year in December — and the three metro areas that saw modest price increases are all so-called “sanctuary cities.” Overall, home prices have dropped for the first time in more than two years as housing affordability shows signs of improvement under the Trump Administration.