Regulations

What Trump’s DACA repeal could mean for real estate

From homeownership to employment, removing the option to obtain legal status will have ripple effects
  • DACA allowed undocumented immigrants who were brought to the U.S. as children to apply for temporary legal status in two-year increments.
  • Almost a quarter of DACA recipients over 25 years old own a home, and 97 percent have jobs or are in school.
  • Trump's repeal could have repercussions for DACA homeowners and employment across industries.

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There are about 800,000 "Dreamers" in the United States -- undocumented immigrants who were brought to the country as children. They have jobs, own homes and are enrolled in colleges and universities. The Deferred Action for Childhood Arrivals (DACA) protections gave these immigrants the opportunity to apply for temporary legal status in two-year increments. However, after President Trump's decision to cease DACA, if Congress doesn't pass new legislation by March 2018, those 800,000 people will be subject to deportation. What effect could this have on the real estate industry? How DACA recipients contribute to the economy The most recent research on how DACA recipients interact with the job market and overall economy was conducted by left-leaning advocacy group Center for American Progress by Tom K. Wong, an associate professor of political science at the University of California - San Diego. Wong and partner organizations recruited DACA recipients via their own networks and...