New Federal Reserve Analysis Confirms: Biden-Era Illegal Immigration Surge Drove
PROVIDENCE, RI – A new working paper from the Federal Reserve Bank of Dallas concludes that the unprecedented surge in illegal immigration from 2021 through early 2024 triggered approximately 30% of the increase in home prices and rents in affected areas. The preliminary draft, circulated for comment among the Board of Governors, underscores the damaging impact of open-border […]Read More