๐บ๐ธDHS is now crediting ICE deportations for falling rents in Sun Belt cities that cooperate with immigration enforcement, pointing to drops of 4.8% in San Antonio, 4.3% in Austin, 5.3% in Nashville, and 8% in New Orleans.
The department says Texas alone accounted for ~25% of July ICE arrests and argues illegal-worker inflows had been driving housing costs higher.
Housing analysts counter that a massive apartment-building boom, not removals, is the main reason landlords are cutting prices.