USC Lusk Center for Real Estate Study Shows More Immigrants Buying Homes in Mid-Size Cities
Forbes.com
... In the first study of immigrants buying homes in mid-size areas across the United States, researchers at the University of Southern California Lusk Center for Real Estate showed an increasing number of new Americans are choosing to put down permanent roots outside the major gateway cities, lured by less competition for jobs and growing neighborhoods of fellow immigrants. The results could help builders and local governments partner to attract the next wave of new homebuyers as the exponential growth of immigrants and their descendants will represent 82% of U.S. population growth over the next 40 years...
..."The anticipated rapid growth of U.S. immigrant populations in the coming decades coupled with their movement into mid-size metro areas has the potential to transform communities," explained Painter. "Our data suggest that immigrants are attracted to homes near active support networks of fellow immigrants and in places with lower rates of immigrant growth resulting in less competition for entry-level jobs," he added...