AI-Generated Image by GrokA recent working paper released by two economists working for the Federal Reserve Bank of Dallas has suggested that illegal migration over the Biden years contributed to as much as a 20% growth in recent years and a whopping 30% increase in housing prices over the last five years.The paper, titled “The Impacts of Unauthorized Immigration on U.S. Labor and Housing Markets: New Evidence from Administrative Microdata,” provides strong evidence to support the claim that illegal migration has not only worsened an affordability crisis in America, but is one of its key drivers.For years, America has faced a chronic shortage of housing, a problem that is most acute in metropolitan areas where the number of new homes being built has severely lagged the skyrocketing demand.In the years Biden occupied the Oval Office, hordes of illegals – to the tune of, at least, 15 million – entered the homeland. This placed severe pressure on an already tight and inelastic housing market.The paper concluded that every 1% addition of illegal aliens to a local area’s initial employment raised rents in that area by 1.4%, while increasing housing prices by 2.2%.In certain key metro areas, such as Houston, Miami, New York, and Minneapolis, where the concentration of illegal migrant inflows was disproportionate to the national average, those housing markets would experience an especially pronounced uptick.The result of this distressing trend was that ordinary Americans, particularly new homebuyers and young people, were literally being squeezed out of housing altogether because of the seismic pressures introduced by illegal aliens.In past generations, Americans would only have to compete among themselves for housing. Housing followed a typical supply and demand relationship – where greater demand was often manageable because new housing could be easily built, without encumbering supply chains too much.In recent years, that logic has been totally upended. First, loose monetary policy has expanded the money supply. The effect of quantitative easing has driven up housing prices far beyond the demand.The inflation this caused has been exacerbated further by a restricted housing supply, which has been slow to rebound since the COVID-19 pandemic devastated supply chains nationwide.This in turn further worsened a problem that had been ongoing for years due to burdensome regulations, red-tape, and excess bureaucracy in the housing market.The effect of opening America’s borders and letting in the third world during an already unmanageable housing crisis was like adding gasoline to the fire.The market effects have been catastrophic: new home buyers have been potentially delayed from purchasing their first home by decades. Many have been forced out of the market entirely.The problems arising from illegal aliens do not just stop at the supply and demand curve: more people cause more strains on local infrastructure, resulting in setbacks and unintended deterioration of said supply.Local and state governments, rather than allocating limited resources to build new housing, must now reallocate precious time, money, and manpower to improving the infrastructure already available.This has the double effect of reducing the resources available for new housing while contributing more delays to a market grossly in short supply already.Nobody is served in this dynamic – not ordinary Americans, not the housing suppliers, not even the illegal migrants.The interesting takeaway from this study is that, like so much else, the domestic problems Americans now face are a direct byproduct of the illegal immigration crisis afflicting them.Much like election integrity, housing problems are driven by newly arrived migrants, who otherwise should not be in the United States, and who wind up taking homes away from American citizens, further sowing discord between native and foreigner.The ordinary American, now increasingly finding himself a stranger in his own land, must delay the onset of his life by sometimes years due to being forced to rent, instead of buying. Not only does this cause delays in purchasing one’s first home, but it also has downstream effects on marriage and having children – postponing both events, which results in fewer families and children, only to further fuel a demographic crisis that observes birthrates already way below replacement levels.This exercise serves as a form of humiliation ritual, championed by the Democratic Party, that is part of a larger policy series that consistently gives extra privileges to non-citizens at the expense of those who live and work here.The Left has systematically eroded the rights of everyday Americans and the foundations of civic life – they started by diluting the franchise, which allowed tens of millions of ineligible voters to appear on voter rolls.They have now turned to the housing market, where the goal is, to paraphrase Klaus Schwab, to get all American citizens to eat the bugs and live in the pods.One recalls the propaganda put out several years ago by Schwab’s very own World Economic Forum which said, “you will own nothing and be happy.” The goal was to create a population of government dependents.One way they could accomplish this feat was by making housing unaffordable, one of the many intended results of unleashing, as they say, “infinity migrants” into America.Unleashing tens of millions of illegals on America would serve the purposes of augmenting a Democratic power hegemony, in the hopes of creating a one-party state, through policies such as the great replacement, voter disenfranchisement, and inflicting maximum pain on the perceived racist populace with dramatically marked up housing prices, crumbling infrastructure, worse healthcare facilities, and the like.The insidiousness of these policies is underscored by the fact that they disproportionately (and housing in particular) hurt the younger generation: the idea was to simply block out the next generation of homegrown Americans from participating in public life or having a shot at the American Dream.The intention was to deny this generation, potentially the last generation, the opportunity to inherit their civilizational birthright – and outsource the remainder to illegal foreigners and multinational corporations, neither of whom had any cultural stock in the old America, and so would not care about its destiny.The unnerving fact is that the Left has managed to do a lot towards this end. This is the reason why mass deportations must resume, at a tempo far greater than we have seen in the recent past.It is also why we need the Save America Act, to ensure only citizens vote in elections – and that Republican politicians are responsive to the needs of their countrymen, not some foreign power or foreign group, for the Democrats, as they have proven time and again, sure as hell won’t be.The post Biden Migrant Policy Has Exacerbated Affordability Crisis In Housing — Contributing To 30% Price Hikes In Major American Cities appeared first on The Gateway Pundit.