According to a study by the University of Georgia, immigrants "matter more" to the real estate industry during a recesion.
"At a time when American concern about foreigners may be reaching a historic high, real estate professionals may have their own reasons for monitoring the flow of immigration. With recessionary forces driving occupancies and rents downward, the presence of large numbers of newcomers-who, including their children, now account for over 60 million Americans-could prove an important, even critical, counter-cyclical force...This trend can be noted in a host of communities, from the Silicon Valley of Northern California and the San Fernando and San Gabriel Valleys of Southern California to greater Houston and New York...buttressing certain areas with new investments and tenants that might otherwise be feeling the full brunt of the recession..."
Thanks to REISCast Newsletter
FULL STORY: Immigrants: A Real Estate Bulwark in the Recession

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?

Op-Ed: Looking for Efficiency? Fund Intercity Buses
Much less expensive than rail, intercity buses serve millions of Americans every year, but public subsidies are lacking.

Philadelphia Councilmember Proposes Transit Access Fund
The plan would allocate 0.5 percent of the general fund toward mobility subsidies for low-income households.

Texas Bill Would Ban Road Diets, Congestion Pricing
A Texas state senator wants to prevent any discussion of congestion pricing and could suspend existing bike lane and sidewalk projects.
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