Immigrants Projected to Jumpstart Housing Market by 2030

In a groundbreaking study released by the Center for American Progress, researchers predict that more than seventy percent of immigrants will buy homes by 2030.? This percentage is almost equal to the number of native-born US citizens that are currently able to buy homes.? This study, which has tracked a number of immigrants since the early 1990s, has seen an increasing percentage of immigrants becoming assimilated into American culture by learning English and attaining economic prosperity.? Researchers also predict that the naturalization rate, which stands at just thirteen percent now, will jump to seventy percent by 2030.? With the number of people able to buy houses growing each year, the housing market should be strong by 2030.

For more information, please visit www.americanprogress.org