Rent Prices falling across the USA Trump/Vance were right

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KentK93
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2:01p, 2/16/26

Trump and Vance called their shot in 2024 and now their policy has done what they said it would do.
Quote:
Trump administration officials say it is obvious that slashing the population by millions of illegal immigrants will lessen the demand for housing and make it more affordable.
"If you have fewer people, fewer illegal aliens trying to buy homes, that means American citizens are finally going to be able to afford a home again," Vice President J.D. Vance said in a speech in Allentown, Pennsylvania. "It's very, very simple economics."


The builder's built based on open borders now that the border is closed & deportations are occurring there is more supply than demand.
Quote:
In Jacksonville, Florida, February rental prices declined 4.2% from last year's rates. Rents fell 6.6% in Austin, Texas and by nearly 3% in Houston. Denver saw decreases in rent of nearly 5% from last year, while Phoenix experienced a 4% drop.
Real estate experts and economists say the drop in rent in these cities and others is caused by several factors, including hundreds of thousands of newly built apartment buildings that have hit the market, causing an oversupply.



https://www.washingtontimes.com/news/2026/feb/16/falling-rent-prices-across-us-stir-debate-much-credit-give-trumps/?utm_campaign=shareaholic&utm_medium=copy_link&utm_source=bookmark
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flown-the-coop
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2:02p, 2/16/26
Cue the "Trump up to his dirty tricks cheapening housing for most Americans!"...
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Ol_Ag_02
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In reply to flown-the-coop • 2:04p, 2/16/26
flown-the-coop said:
Cue the "Trump up to his dirty tricks cheapening housing for most Americans!"...



You mean "Trump steals trillions in equity from real Americans"
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BigRobSA
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2:07p, 2/16/26
Hitler did the same thing with Jews....

Or .....


Something....
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rocky the dog
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2:09p, 2/16/26
Elections are when people find out what politicians stand for, and politicians find out what people will fall for.
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HTownAg98
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2:24p, 2/16/26
Builders built apartments in 2022-2024 because we didn't put near enough supply into the market in 2020-2021. They all saw the same reports, and started building like crazy. And then they over-built, and prices have started to fall. You see this trend over and over.
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Sims
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2:26p, 2/16/26
I'll consider my prediction as good as a broken clock.

housing disinflation/deflation won't show up for a while, but it will show up

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TAMUallen
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In reply to HTownAg98 • 2:27p, 2/16/26
HTownAg98 said:
Builders built apartments in 2022-2024 because we didn't put near enough supply into the market in 2020-2021. They all saw the same reports, and started building like crazy. And then they over-built, and prices have started to fall. You see this trend over and over.


Supply falls when you have open borders and hide the number of illegals you allow to openly come in. The market is good, it's efficient and fast. It is not good, efficient and fast enough for millions of illegals being imported and bussed/flown around the country
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shiftyandquick
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2:29p, 2/16/26
Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?
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TAMUallen
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In reply to shiftyandquick • 2:32p, 2/16/26
shiftyandquick said:
Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?


Why, you want to fail at your intended objective?

Is deporting illegals a bad thing that will ruin the valley because they cant find illegal workers? Sounds like the illegality and corruption of the valley needs to change to sustain their expectations
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2040huck
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2:34p, 2/16/26
I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?
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HTownAg98
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In reply to 2040huck • 2:37p, 2/16/26
They're not.
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TAMUallen
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In reply to 2040huck • 2:39p, 2/16/26
2040huck said:
I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


Do you understand how supply and demand function? If you remove all of the well priced lower to average supply then the effect isn't just at the lowest level. Additionally, you are assuming that all of the illegals are only able to afford less than that of Americans. The scale being in the millions of illegal aliens has an income distribution. They arent all illiterate day laborers that are unable to have managerial and better jobs
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Sims
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In reply to 2040huck • 2:45p, 2/16/26
2040huck said:
I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?

Well based on the two houses I've owned that lost their *** on resale - it's because some groups of people will live one family to bedroom rather than 1 person. They fill the entire yard with parked cars rather than cut grass.
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Muktheduck
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In reply to shiftyandquick • 2:56p, 2/16/26
shiftyandquick said:
Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?

I mean go for it. We all knew certain sectors were going to have to raise wages if their illegal indentured servants were taken away from them.

Because that's really what that piece is all about. Home builders in South Texas can't find anyone to build houses *at the wages they offered to illegals*.
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Zachary Klement
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3:17p, 2/16/26

Meanwhile.

Enjoy your apartments though!

I'm so tired of winning.
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KentK93
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3:20p, 2/16/26

More details

Quote:
These 10 cities recorded some of the steepest year-over-year drops in median asking rent in November, using data for the 50 largest U.S. metro areas, according to Realtor.com.
[ol]
  • AustinRound RockSan Marcos, Texas: 6.6%
  • DenverAuroraCentennial, Colorado: 4.8%
  • Birmingham, Alabama: 4.6%
  • Jacksonville, Florida: 4.2%
  • PhoenixMesaChandler, Arizona: 4.0%
  • San DiegoChula VistaCarlsbad, California: 3.5%
  • Las VegasHendersonNorth Las Vegas, Nevada: 3.0%
  • HoustonPasadenaThe Woodlands, Texas: 2.7%
  • MiamiFort LauderdaleWest Palm Beach, Florida: 2.7%
  • San AntonioNew Braunfels, Texas: 2.7%
    • [/ol]
    While rents remain well above pre-pandemic levels, the momentum has shifted in many markets.



    https://www.cnbc.com/2025/12/26/rents-are-falling-in-these-major-us-cities-heading-into-2026.html



    https://www.kwtx.com/2026/02/02/us-rental-market-shifts-favor-renters-first-time-years/
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    BigRobSA
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    In reply to 2040huck • 3:24p, 2/16/26
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    Living in conditions that citizens won't. 12 to a 3 bedroom house, etc.
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    Science Denier
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    3:49p, 2/16/26
    Does housing cost go into inflation calculations?

    Gas going down, housing cost going down. Those are two incredibly large cost items for households. Gas costs also influence freight cost, which affects everything you buy.

    Explain again how tariffs are going to ruin us?
    LOL OLD
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    Ellis Wyatt
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    In reply to shiftyandquick • 3:50p, 2/16/26
    shiftyandquick said:
    Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?

    Who gives a ****? We don't need illegal aliens.
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    Ellis Wyatt
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    In reply to TAMUallen • 3:52p, 2/16/26
    TAMUallen said:
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    Do you understand how supply and demand function?

    Anyone who votes for the marxists either doesn't understand economics or just wants to steal from you anyway.
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    fc2112
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    3:54p, 2/16/26
    Remember the soft racism of "undocumented immigrants don't take any housing away from - people like us"?
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    Nagler
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    In reply to BigRobSA • 4:00p, 2/16/26
    BigRobSA said:
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    Living in conditions that citizens won't. 12 to a 3 bedroom house, etc.


    Guys the used to work for my dad would slam 6 or 8 guys in a hotel and pocket their per diem. Or more liking send it down to Mexico.
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    Ulysses90
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    In reply to shiftyandquick • 4:01p, 2/16/26
    shiftyandquick said:
    Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?


    Sure, Just make sure to tell the whole story that they bypassed eerily and knowingly employed an illegal alien workforce that distorted wage rates and disenfranchised American workers.

    I'll even give you a head start with a link.

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    Maroon Elephant
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    In reply to TAMUallen • 4:03p, 2/16/26
    TAMUallen said:
    shiftyandquick said:
    Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?


    Why, you want to fail at your intended objective?

    Is deporting illegals a bad thing that will ruin the valley because they cant find illegal workers? Sounds like the illegality and corruption of the valley needs to change to sustain their expectations

    The inability of any builder in Texas to build more track homes is a wonderful thing. The last thing we need in this state is more houses. Pull up Zillow, there are a ton on the market already.
    TexAgs Firestorm Survivor
    11.25.23
    #NeverForget
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    Tony Franklins Other Shoe
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    In reply to BigRobSA • 4:06p, 2/16/26
    BigRobSA said:
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    Living in conditions that citizens won't. 12 to a 3 bedroom house, etc.

    You can see some pretty rundown neighborhoods and there are 6-7 cars in front of a house. It's not because they collect cars.

    Person Not Capable of Pregnancy
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    Jack Squat 83
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    4:08p, 2/16/26
    Breaking:

    Trump crushes yet another market sector due to his draconian immigration policies. Landlords are newest victim to succumb to the fascist dictator.
    I don't think you know me.
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    91AggieLawyer
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    In reply to 2040huck • 4:11p, 2/16/26
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    6-8 or more people in the houses.
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    Sims
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    In reply to 2040huck • 4:18p, 2/16/26
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?

    A little bit more nuanced of an answer and not specifically with respect to "illegals..."

    But...

    Trump did officially end FHA eligibility for nonpermanent residents in May 2025. The change was from equal eligibility, more or less, to an elegibility that favors US citizens and permanent residents. Gasp, the horror.
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    fc2112
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    In reply to 91AggieLawyer • 4:19p, 2/16/26
    91AggieLawyer said:
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    6-8 or more people in the houses.

    House in my neighborhood - 4 adult siblings from same family bought a $500,000 house.
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    EclipseAg
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    In reply to Tony Franklins Other Shoe • 4:45p, 2/16/26
    Tony Franklins Other Shoe said:
    BigRobSA said:
    2040huck said:
    I am sure there is a good answer, but how do these illegals afford homes that citizens cannot?


    Living in conditions that citizens won't. 12 to a 3 bedroom house, etc.

    You can see some pretty rundown neighborhoods and there are 6-7 cars in front of a house. It's not because they collect cars.

    You can see this in nice neighborhoods, too. Immigrant families living together in a $700,000 house.
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    Ol_Ag_02
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    In reply to shiftyandquick • 5:35p, 2/16/26
    shiftyandquick said:
    Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?


    Why are Democrats so enamored with slave labor?
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    flown-the-coop
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    In reply to Ol_Ag_02 • 5:39p, 2/16/26
    If they answer they are called Uncle Tom.
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    96AgGrad
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    In reply to Ulysses90 • 7:25p, 2/16/26
    Ulysses90 said:
    shiftyandquick said:
    Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?


    Sure, Just make sure to tell the whole story that they bypassed eerily and knowingly employed an illegal alien workforce that distorted wage rates and disenfranchised American workers.

    I'll even give you a head start with a link.


    Doesn't he know that Americans won't do those jobs???
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    HTownAg98
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    In reply to Maroon Elephant • 7:53p, 2/16/26
    Maroon Elephant said:
    TAMUallen said:
    shiftyandquick said:
    Can I post the piece by politico about how home builders in South Texas can't find anyone to build houses?


    Why, you want to fail at your intended objective?

    Is deporting illegals a bad thing that will ruin the valley because they cant find illegal workers? Sounds like the illegality and corruption of the valley needs to change to sustain their expectations

    The inability of any builder in Texas to build more track homes is a wonderful thing. The last thing we need in this state is more houses. Pull up Zillow, there are a ton on the market already.

    Great, so you want young couples to be unable to afford a starter home. One of the ways to make housing more affordable is to build more houses. Your very silly argument goes counter to that.
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