A recent survey by Redfin reveals divergent views among homeowners and renters on immigration and tariffs' effects on housing. While 38.5% believe fewer immigrants would reduce housing demand and lower prices, 67.1% of Democrats think lower immigration could lead to higher home prices. Nearly 68% of respondents agree that tariffs are inflating home prices and keeping interest rates high. Concerns about tariffs are evident, with 43.1% worried about their local housing markets. Conversely, 40.7% are hopeful that reduced immigration might positively affect the economy, indicating mixed sentiments among the public.
About 67.1% of Democrats agreed that lower immigration levels could lead to fewer homes and higher prices, compared to just 38.7% of Republicans.
Roughly 43.1% of respondents said they were either very or somewhat worried about the potential impact of tariffs on their local housing market and property values.
Nearly 68% agreed that tariffs contribute to home-price appreciation and help keep interest rates high, both of which can suppress homebuying activity.
About 40.7% of respondents said they felt hopeful about the broader economic effects of reduced immigration or deportations.
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