President-elect Donald Trump's plan to deport millions of undocumented immigrants could put severe pressure on the housing market by creating labor shortages in construction.
Gary Acosta foresees a negative impact on construction labor forces, emphasizing that the construction industry has long depended on immigrant labor, which is well documented.
The fear of mass deportations might jeopardize construction companies' ability to retain or hire new labor, crucial for maintaining housing market stability.
Acosta stresses that immigration is often viewed from a social policy lens rather than an economic one, missing its critical impact on various industries.
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