Illegal immigration surge drove 30 percent home price rise and 20 percent rent hike. Republican campaign promises on mass deportation get watered down fast after election.
1 percent rise in illegal workers linked to 2.2 percent higher home prices and 1.4 percent higher rents. Housing supply failed to keep up creating pure demand shock. Employment rose but average wages showed little change. Democrats flooded country with millions knowing removal would be weak. Republicans won House Senate …