Housing price study proves what we all knew about Biden’s immigration policy

Published July 6, 2026 5:07pm ET



The release of a new bombshell economic report sheds light on what the Biden administration did to American communities by sanctioning the largest immigrant flow into the country during his presidency — largely supporting what President Donald Trump and his allies have been claiming about the downsides of illegal immigration.

The working paper, authored by economists associated with the Federal Reserve banks of Dallas and San Francisco, looks into the “Impacts of Unauthorized Immigration on U.S. Labor and Housing Markets” by using both publicly available and government data.

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