Mar 27, 2013

Immigrants and housing demand (the US)

Immigrants are an important and growing source of demand that has bolstered housing markets in recent decades. As recently as 1990, immigrants were heavily concentrated in a few gateway states,such as California, New York and Florida. More recently, growing numbers of immigrants have located in new destinations throughout the nation.This study constructs a demographic-based projection through 2020 of the growth in homeowner and renter households headed by immigrants in the states and regions of the nation.In the decade 2010-2020, immigrants nationwide are projected to account for 32.2 percent of the growth in all households, 35.7 percent of growth in homeowners and 26.4 percent of growth in renter households.
Source: Myers and Pitkin (February 2013).

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