Ronan Farrow Methodically Dismantles JD Vance's Claim Illegal Immigrants Are Driving Up Housing Prices

"Farrow continued: Here's the reality of the housing market by the numbers. First, the 30 million figure, it does not exist in any credible data. Reliable demographers from the Department of Homeland Security to the nonpartisan Pew Research Center. estimate the undocumented population is actually between 11 and 14 million. Vance is effectively doubling the highest reliable estimate to make a political point."

"Second, the claim that these immigrants are stealing houses from American buyers. This collapses under scrutiny because it ignores who's buying and who's renting. Undocumented immigrants are overwhelmingly renters. They are statistically far more likely to live in shared, high-density housing, meaning they actually consume less housing per person than the average American. They aren't the ones outbidding you for a starter home."

"So, who is competing for those homes? Look at institutional investors. Since 2020, the share of homes sold to investors that's entities that don't live in them has surged. By mid-2025, investors were purchasing nearly 30% of all single-family homes sold in the U.S. In markets like Atlanta and Phoenix, cash-rich firms swept up starter homes to turn them into rentals. removing them from the purchase market entirely. That is a major reason inventory is scarce, not a fictional 30 million undocumented buyers."

Reliable demographers estimate the undocumented population between 11 and 14 million, far below a claimed 30 million. Undocumented immigrants overwhelmingly rent and often live in shared, high-density housing, consuming less housing per person than average Americans. Institutional investors have surged in the single-family home market since 2020, buying nearly 30% of such sales by mid-2025 and attracting cash-rich firms that convert starter homes into rentals in markets like Atlanta and Phoenix. Investor purchases reduce available inventory for owner-occupiers and are a major driver of scarce housing supply and affordability pressures.

Read at www.mediaite.com