Deporting 20 million undocumented immigrants could reduce housing demand, especially in rental markets with high concentrations of such residents (e.g., California, Texas). This might lower rents short-term as vacancy rates rise—estimates from sources like the Federation for American Immigration Reform suggest 10-20% drops in some urban areas. Landlords facing higher vacancies or lower yields could sell properties, flooding the market and further pressuring prices.
However, broader effects depend on economic ripple effects: lost labor in construction/agriculture might slow new housing supply, tempering drops. A 2024 Reddit discussion on r/FluentInFinance notes potential positives like reduced strain on affordable housing but warns of labor shortages offsetting gains. Real outcomes hinge on policy execution; historical small-scale deportations showed mixed local impacts.