Immigration reform would boost housing markets

Gary Acosta, Inman News

July 15, 2013

Author William R. Alger once said that public opinion is a second conscience.

That seems to be the case with public sentiment towards our nation’s immigration policy. A CNN poll shows 84 percent of Americans back a program that would allow undocumented workers to stay in the U.S. and apply for citizenship if they have been in the country for several years, have a job and pay back taxes.

Reforming our broken system and bringing 11 million people out of the shadows is not only the right thing to do, but also a smart economic move that would generate billions in federal, state and local taxes, stimulate housing purchases and trigger increased consumer spending.

According to the Center for American Progress (CAP), new reforms would yield about $1.5 trillion in cumulative U.S. gross domestic product over 10 years. All of which lawmakers seem to be adding up as a bipartisan committee of senators delivers a common-sense plan that could gain wide support — that is if anti-immigrant advocates don’t derail the bill.

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About NAE

New American Economy is a bipartisan research and advocacy organization fighting for smart federal, state, and local immigration policies that help grow our economy and create jobs for all Americans. More…