IMMIGRANTS ARE DRIVING THE HOUSING RECOVERY

CNN reports that the influx of immigrants into the United States has boosted the American economy by driving the housing market recovery.
U.S. Census Data suggests that immigrants have contributed approximately $3.7 trillion to the U.S. housing market. When there are more immigrants coming into the nation or a neighborhood, there is a higher demand for housing, which essentially renews local housing markets.
When immigrants stimulate neighborhoods, the local community prospers which in turn attracts U.S. native to it as well.
Because many immigrants look towards neighborhoods with low-cost housing, they are able to spur growth in once declining neighborhoods.
Immigration is good for the housing market recovery and economy as a whole.