Vice President JD Vance says that mass immigration under former President Joe Biden significantly skyrocketed the cost of rent and home prices.
In an interview with Fox News’s Sean Hannity, Vance attributed sky-high home prices to record-setting illegal immigration under Biden — noting that flooding the housing market increases prices on Americans, particularly those first-time home-buyers.
“To me [this] is maybe the most important because I care so much about our young people being able to afford a good life, a lot of young people are saying, ‘Housing is way too expensive,'” Vance said:
Why is that? Because we flooded the country with 30 million illegal immigrants who are taking houses, which ought by right go to American citizens and at the same time, we weren’t building enough new houses to begin with even for the population we have. [Emphasis added]
Vance said the Trump administration is looking to make it easier for home builders to build new homes and make home prices more affordable with fierce interior immigration enforcement.