President Donald Trump’s immigration reforms have reduced average after-inflation rents by 13 percent below the height of President Joe Biden’s mass-migration policy.
\n\nAverage rents jumped to $1,774 in the summer of 2022 and then fell to $1,694 in September 2026, according to rental data from Realtor.com. That is an $80 monthly cut, or $960 a year.
\n\nBut the cut is larger because post-2022 inflation should have jacked up the 2022 rent to $1,953 in 2026. Once that inflation impact is counted, the rent rollback is roughly $259 per month, or 13 percent below prices in Biden’s unaffordable migration summer.
\n\nTreasury Secretary Scott Bessent and other deputies have noted the gains for American citizens.
\n\nBut President Donald Trump’s White House has said little about the gains for renters — likely because Trump is acting as a cheerleader for nervous real estate investors and landlords who lose revenue when migrants are sent home.
\n\nThe real estate professionals are nervous because the stock value of rental properties has dropped, partly because Trump has reduced the migrant population. For example, in 2021, the Multi-Family Real Estate Apartment Price Index gained $108 billion. That spike created a “record high [of] $412.80 billion (June 2022); the…
Original source: https://www.breitbart.com/economy/
