{
  "type": "article",
  "title": "Trump Cites Fed Paper Claiming Biden-Era Illegal Immigration Pushed US Home Prices Up 30%",
  "summary": "Donald Trump posted on Truth Social claiming a Federal Reserve working paper found that the illegal immigration wave during the Biden era pushed US home prices up by 30 percent.",
  "content": "Donald Trump has reignited the debate over America's housing costs and immigration policy with a new social media post. Writing on Truth Social, he claimed that a Federal Reserve working paper found that the wave of illegal immigration during the Biden era pushed US home prices up by as much as 30 percent.\n\nWhat Trump posted\nPosting from his handle @realDonaldTrump on Truth Social, Trump directly stated that a Federal Reserve working paper suggests the Biden-era illegal immigrant wave drove up home prices by 30 percent. He tied the finding squarely to immigration policy under the Biden administration.\n\nWhat the Fed research reportedly found\nAccording to reports, a study by Federal Reserve economists concluded that the large influx of illegal immigrants during the Biden era pushed up both rents and home prices in the United States. The study reportedly points to a surge in housing demand that outpaced supply, driving prices higher.\n\nThe interest rate and economy angle\nThe claim lands amid a broader debate over US interest rates. In September 2024, Joe Biden praised the Federal Reserve's rate cut in a speech at the Economic Club of Washington, D.C. Then in August 2025, Fed Chair Jerome Powell suggested the central bank could cut rates soon as Trump's policies shook up the economy. Home prices, immigration and interest rates have increasingly become intertwined threads in America's economic debate.\n\nWhy this matters\nHousing costs and rents remain one of the biggest pocketbook concerns for Americans. If the Federal Reserve study indeed shows a 30 percent impact from immigration on home prices, that figure is likely to become a major talking point in the ongoing political fight over immigration policy. Following Trump's post, expect immigration, housing costs and Federal Reserve policy to remain at the center of political and economic debate in the days ahead.\n\nView original post (Truth Social) »\n\nWhat this means for you\nWho this affects:\n\n• Anyone living in the US, owning property there, or tracking the American rental market should watch this, since any shift in immigration policy could directly move home prices and rents.\n• Those following Federal Reserve interest rate decisions may find this debate useful for gauging where policy could head next.\n\nQuestions & Answers\n\n1. Where did Donald Trump post this claim?\nHe posted it on Truth Social from his handle @realDonaldTrump.\n\n2. What did Trump claim in the post?\nHe said a Federal Reserve working paper found that the Biden-era illegal immigrant wave drove up home prices by 30 percent.\n\n3. What did the Federal Reserve research reportedly find?\nThe study reportedly found that a large influx of illegal immigrants during the Biden era pushed up both rents and home prices in the US.\n\n4. How does this connect to interest rates?\nIt ties into an ongoing debate where, in August 2025, Fed Chair Jerome Powell suggested the central bank could cut rates soon as Trump's policies shook up the economy.\n\n5. Has this 30 percent figure been officially confirmed?\nThe claim is based on Trump's post and related reports citing a Federal Reserve working paper.\n\nLeader Profile: Donald Trump\n• Role: President of the United States\n• Born: 14 June 1946, Queens, New York\n• Party: Republican Party\n• Education: BS in Economics, Wharton (UPenn)\n\n47th President of the United States, in office since January 2025; he was also the 45th President (2017–21). A real-estate developer and former TV personality.\n\nPolitical Career & Achievements\n• Founder & chairman, The Trump Organization\n• Host of The Apprentice (2004–2015)\n• 45th President of the United States (2017–2021)\n• 47th President of the United States (since 2025)\n• Won two non-consecutive terms — first since 1892\n\nQuick Facts\n• Hosted the reality TV show The Apprentice from 2004 to 2015.\n• First US president since Grover Cleveland to win non-consecutive terms.",
  "url": "https://trendkia.com/en/neta-ji/pheda-riporta-ka-havala-dekara-trnpa-ka-dava-baidena-ke-avaidha-pravasiyon-ne-barhae-gharon-ke-dama-30-pratishata-taka-uchhala-5096",
  "category": "Leaders Speak",
  "publishedAt": "2026-07-06",
  "tags": [
    "realDonaldTrump"
  ],
  "language": "en",
  "site": "TrendKia"
}