Redfin Survey: Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Over half of U.S. homeowners and renters (51.2%) strongly or somewhat agree with the following statement: 'Less immigration will result in fewer construction workers, and thereby fewer new homes, making homes more expensive.' That's according to a new survey commissioned by Redfin (www.redfin.com), the technology-powered real estate brokerage.
But much of the nation holds the opposite view; 38.5% of homeowners and renters strongly or somewhat agree with this statement: 'Less immigration will reduce demand for housing, making it more affordable.'
Democrat respondents were more likely than Republican respondents to agree with the idea that less immigration will make homes more expensive: 67.1% vs 38.7%.
These survey findings are from a nationally representative Redfin-commissioned survey of 4,000 U.S. homeowners and renters conducted by Ipsos March 28, 2025-April 28, 2025. The relevant survey question is: 'To what extent do you agree or disagree with the following statements in relation to recent and/or proposed changes to laws or policies that could affect the housing market?'
U.S. homeowners and renters are also torn on how tariffs will impact the housing market. Over two-thirds (67.9%) strongly or somewhat agree with the following statement: 'Tariffs will cause price inflation and keep interest rates high.' But over one-third (34.7%) strongly or somewhat agree with this statement: 'Tariffs will help boost the U.S. economy so more people can afford homes.'
Republican respondents were more likely than Democrat respondents to agree with the idea that tariffs will help boost the economy so more people can afford homes: 55.3% vs 23.9%.
Redfin reported in April that nearly 1 in 4 U.S. residents are canceling plans to make a major purchase, such as a home or a car, because of President Trump's new tariff policies.
43% of U.S. Homeowners and Renters Are Worried About Impact of Tariffs on Housing Market
More than 2 in 5 U.S. homeowners and renters (43.1%) feel very or somewhat worried about the effect tariffs could have on their local housing market/home values. Roughly one-third (33.1%) feel very or somewhat hopeful.
When it comes to immigration, 40.7% of homeowners and renters feel very or somewhat hopeful about the effect deportations/fewer immigrants could have on the economy, while 26.3% feel very or somewhat worried.
To view the full report, including charts and detailed methodology, please visit:
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1.8 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.
Redfin's subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Axios
22 minutes ago
- Axios
U.S. has "no interest" in putting troops on the ground in Iran, Vance says
Vice President Vance said Sunday that the United States doesn't plan to send ground troops into Iran and there is "no interest" in engaging in a "protracted conflict" with the nation. The big picture: Vance and other Trump administration officials appeared on Sunday shows to praise President Trump 's decision to carry out a series of airstrikes against three Iranian nuclear sites, while reassuring Americans that the mission — dubbed Operation Midnight Hammer — isn't the launching point for a wider conflict. Speaking on NBC's "Meet the Press," Vance called the mission a "precise, a very surgical strike tailored to an American national interest" — preventing Iran from obtaining a nuclear weapon — and that he had "no fear" of a drawn-out conflict. Secretary of State Marco Rubio echoed the sentiment on CBS' "Face the Nation," saying that there are no plans from the U.S. to engage in further attacks on Iran unless they "mess around" and attack Americans or U.S. military sites. What they're saying: Rubio said Sunday that the U.S. carried out the attack after efforts to negotiate with Iran stalled, but that Trump administration officials are "prepared to talk to them tomorrow." Both men also dismissed the notion that the U.S. is at war with Iran, with Vance stating that the war is with Iran's nuclear program. "We destroyed the Iranian nuclear program. I think we set that program back substantially," Vance told NBC News' Kristen Welker. Zoom out: Vance and Rubio were unable to confirm the extent of the damage done to the nuclear sites, but Iran Foreign Ministry spokesperson Esmail Baghaei told CNN that the strike was a "betrayal of diplomacy." "No one knows what will happen next, but what is sure is that the responsibility of the consequences of this war must be borne by the United States and Israel," he said. Bagahei refused to say how Iran might respond to the U.S. strike, but said the nation is entitled to "exercise its right of self-defense."
Business Wire
22 minutes ago
- Business Wire
ZEO Investors Have Opportunity to Join Zeo Energy Corp. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Zeo Energy Corp. ('Zeo' or 'the Company') (NASDAQ: ZEO) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Zeo announced on May 29, 2025, that it had received "a notice . . . from Nasdaq on May 22, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2025 (the '10-Q') was not filed with the Securities and Exchange Commission (the 'SEC') by the required due date of May 15, 2025." Based on this news, shares of Zeo fell by more than 9.9% on May 30, 2025. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CNN
23 minutes ago
- CNN
Dem. Senator Adam Schiff says 'we simply don't know' if US is safer after Iran strikes
Democratic Senator Adam Schiff speaks to Kasie Hunt about the congressional response to President Trump's order to strike Iran.
