New research by a demographer at Cornell University has suggested that deporting undocumented Latinx individuals — as President-elect Trump promised during his campaign that he would — results in higher rates of foreclosure.
A foreclosed home is one in which the owner is unable to make mortgage payments to their lending bank. As a result, the bank repossesses the home. A significant number of legal Latinx homeowners live with undocumented immigrants who contribute to household income. In fact, approximately one-third of undocumented immigrants live in homes owned by legal immigrants.
When the wage earners in a home are forced out, the household loses their income. Without adequate income, a house automatically begins its journey down the road to foreclosure.
Matthew Hall, an associate professor of policy analysis and management at Cornell University and co-author of the study, explained that the issue of reduced home ownership and the accompanying loss of wealth provides a detailed illustration of the ways in which legal status and deportation contribute to racial inequality.
Another issue in the matter is the lack of affordable housing available to minorities despite the Fair Housing Act’s passage in 1968. This act outlawed housing discrimination, but the issue is still present today.
A recently released Center for American Progress issue brief studied the connection between racial discrimination and affordable housing in the U.S. and found that despite the Fair Housing Act, policies that support segregation and redlining are still actively in practice.
Danyelle Solomon, director of Progress 2050 at American Progress, explained that the organization felt it especially necessary to shed light on this growing issue after Trump selected Ben Carson to be U.S. Housing and Urban Development secretary. Carson, Solomon said, is a man who “has no housing or community development experience at all.”
When undocumented and legal immigrants are added to the mix, the need for affordable housing is only made more apparent. At a time when undocumented immigration is at a 40-year record low, many professionals are saying that affordable housing is a more important issue.