education
JD Vance Keeps Debate Promise, Posts Data on Impact of Illegal Immigration on U.S. Housing Market
During Tuesday night’s vice-presidential debate, Ohio Senator JD Vance, the GOP vice-presidential nominee, made a pointed argument about the impact of illegal immigration on the U.S. housing market, claiming that an influx of immigrants is contributing to rising housing costs. When challenged by one of the CBS News moderators to provide evidence for his claim, Vance pledged to post his sources on social media after the debate—a promise he promptly fulfilled.
As promised earlier tonight, here is Michelle Bowman of the Federal Reserve Board of Governors:
"Given the current low inventory of affordable housing, the inflow of new immigrants to some geographic areas could result in upward pressure on rents."https://t.co/dfO0wFmyPs pic.twitter.com/KfDjPaZC7G
— JD Vance (@JDVance) October 2, 2024
Following the debate, Vance shared remarks from Federal Reserve Governor Michelle Bowman, along with two studies that support his assertion. In the remarks he posted, Bowman highlighted the connection between immigration and housing costs, stating: “Given the current low inventory of affordable housing, the inflow of new immigrants to some geographic areas could result in upward pressure on rents.”
Vance’s post also cited a study from the *Journal of Housing Economics*, which found that “immigration inflows into a particular Metropolitan Statistical Area (MSA) is associated with increases in rents and with house prices in that MSA while also seeming to drive up rents and prices in neighboring MSAs.”
Further supporting his argument, Vance posted an analysis from the Congressional Budget Office (CBO), which noted that “increases in immigration raise state and local governments’ spending—particularly on education, health care, and housing—more than their revenues.” This suggests that the cost pressures from immigration also extend to public housing programs, placing additional strain on available resources.
Breitbart News reports A federal judge has halted President Joe Biden’s plans to open the Affordable Care Act, known as Obamacare, to illegal aliens enrolled in the Deferred Action for Childhood Arrivals (DACA) program. On Monday, District Judge Daniel Traynor granted a preliminary injunction and stay to ensure that Biden’s agencies cannot implement such plans while the issue makes its way through federal court.
The case comes after Biden and Vice President Kamala Harris, in May of this year, announced a final rule to open Obamacare rolls to some DACA illegal aliens enrolled in the program. DACA was created by President Barack Obama first via executive order.
“This decision is a big win for the rule of law,” Kansas Attorney General Kris Kobach (R), who led the lawsuit, said in a statement:
Congress never intended that illegal aliens should receive Obamacare benefits. Indeed, two laws prohibit them from receiving such benefits. The Biden administration tried to break those laws. But we fought back and defeated the Biden Justice Department. [Emphasis added]
Alabama, Arkansas, Idaho, Indiana, Iowa, Florida, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Ohio, South Carolina, South Dakota, Tennessee, Texas, and Virginia had joined Kansas in the lawsuit against the Biden-Harris administration.
“This expansion of Obamacare to illegal aliens once again shows the Biden Administration’s contempt for the law,” Immigration Reform Law Institute (IRLI) Executive Director Dale Wilcox said.
“Like DACA itself, this expansion is a usurpation of power by an executive that opposes the will of the people as expressed in duly enacted laws, and arrogantly purports to rewrite the law itself,” Wilcox said. “We are pleased the court saw how starkly unlawful Biden’s rule is, and struck it down.”
Breitbart News notes that President-elect Donald Trump is likely to throw out the final rule once taking office in January of next year. Estimations suggest that should about 100,000 DACA illegal aliens enroll in Obamacare, it would cost American taxpayers about $300 million annually. Other estimates have put the annual financial burden at about $2.8 billion.
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