A new report shows that immigration is helping to boost the US housing market. The report prepared by the Mortgage Bankers Association suggests that between 2010 and 2020 immigrants are expected to account for 35.7% of homebuyers and 26.4% of new home rentals.
The report is called Immigrant Contributions to Housing Demand in the United States: A Comparison of Recent Decades and Projections to 2020 for the States and Nation. It says that 'immigrants are an important and growing source of demand (for housing) that has bolstered housing markets in recent decades'.