Photo by: Camila Osorio
Union Andina, one of the many real estate agencies in Queens that offers apartments to Colombian, Ecuadorian, Peruvian and Bolivian immigrants.
Article courtesy Feet in 2 Worlds.
What impact do immigrants have on the housing market nationally and locally?
In January 2013 the U.S. Census reported that, “With nearly 1 in 7 U.S. households headed by someone who is foreign born, decisions made by immigrants and their families to purchase a home can have a measurable impact on the U.S. housing market.”
In New York City a smaller percentage of residents own their homes than the nation as a whole.
