Immigration and housing decisions
PRESIDENT TRUMP’S IMMIGRATION policies are prompting more than half of Arabs, Asians and Latinos to reconsider their plans to buy or sell a home, according to a Redfin survey.
Among all respondents to a Redfin survey, 41% said those policies played a role in reshaping their decision to buy or sell a home.
But that jumped to 52% for Arab, Asian and Latino respondents, including 9% that indefinitely canceled plans to buy and 10% who were less likely to sell.
There were 20% of this group — and 13% of all respondents — who said they were more likely to sell because of the uncertainty of the president’s policies and their possible effect on their job and/or ability to stay in the U.S.
Surprisingly, 13% of the Arab/ Asian/latino group (compared with 14% of all respondents) said the policies made them more likely to buy a home because it would improve job prospects and the economy in their area.
The survey was conducted between May 5 and May 24 among a pool of 3,350 people from the general population who had bought or sold a home in the past year, tried to buy or sell a home in the past year or plan to do so this year. It concentrated on the 11 cities where Redfin has its largest market share.