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Immigration Can Stabilize City Housing Market

Immigration Can Stabilize City Housing Market

As immigration reform is discussed on the national level, several cities have taken the lead in accepting more immigrants. This has led to an influx of population which have stabilized housing markets in several cities. A few months ago we discussed this issue on the UrbanCincy podcast and examined how the issue is affecting Cincinnati.  More from the Atlantic Cities:

Broadly, this implies that immigrants help boost housing markets, in much the same way that they’ve been shown in the past to shore up aging populations where large numbers of workers are retiring out of the workforce. And they’ve had the greatest impact boosting the housing market in areas that could use it most – specifically, in shrinking Rust Belt cities, or in the deteriorating neighborhoods of major metropolitan areas where it’s elsewhere unaffordable to live.

By John Yung

John joined UrbanCincy in 2011 and immediately established himself as a key member of the UrbanCincy team. A native of Chicago, transplanted to Lebanon, Ohio in his teenage years, John currently resides in Cincinnati’s historic Mt Auburn neighborhood. John earned a Masters of Community Planning degree from the University of Cincinnati in 2013.