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Immigrants fuel home ownership demand

Posted on 08 March 2013

Immigrants will generate almost 36% of the increased demand for U.S. homes this current decade, new research shows. That’s down from 39% in the past decade, according to a report by researchers at the University of Southern California. Immigrants’ share of demand growth is being reduced largely because native-born buyers’ share is growing, the researchers say.
However, the immigrant buyers “really filled a big hole,” in the last decade as the number of native-born home buyers lagged due to demographic trends that saw many Americans too young for home ownership, says Dowell Myers, director of the Population Dynamics Research Group at the University of Southern California………………………………………..Full Article: Source

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