Vance Blames Immigration for Housing Affordability

This is a news story, published by CBS News, that relates primarily to JD Vance news.

JD Vance news

For more JD Vance news, you can click here:

more JD Vance news

real estate & housing news

For more real estate & housing news, you can click here:

more real estate & housing news

CBS News news

For more news from CBS News, you can click here:

more news from CBS News

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about

High housing costs

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest higher housing prices news, housing demand news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Federal Reserve study

CBS News

•

JD Vance says immigration is to blame for high housing costs. Here's what the experts say.

Summary

Nutrition label

82% Informative

Sen. JD Vance said immigration brought in millions of illegal immigrants to compete with Americans for scarce homes.

Many economists say the factors driving up home prices are structural, such a construction downturn following the 2007-09 Great Recession that's led to a severe housing shortage.

But there is some evidence that a rise in immigration can boost rental costs, though only slightly.

About 1 in 3 workers in the construction industry are employed in construction.

The vice presidential debate focused on the Trump campaign's proposal to build new homes on some federal lands.

But Roller says such a plan raises serious questions about the geographic location of those lands and exactly how development would proceed.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity