A Federal Reserve Bank of Dallas working paper found that the surge in illegal immigration from 2021 to 2024 significantly increased housing demand, pushing up home prices by about 2.2% and rents by 1.4% in affected metro areas. The influx boosted employment by roughly 1% without lowering wages but strained housing supply, which did not expand enough to meet demand. Researchers estimate unauthorized immigrants accounted for about 30% of employment growth and home-price increases, and 20% of rent growth during this period. This study highlights immigration's complex impact on housing markets amid ongoing political debates over border policies.
Lin Hui, President of the Shenzhen Chamber of Commerce, led a delegation to Munich on June 23 to attend The smarter E Europe, a leading European new energy trade fair. The visit focused on strengthening cooperation between Shenzhen and Europe in phot...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one residential energy storage system enhanced by AI, designed for full home energy autonomy. This system integrates five key components including a photovoltaic inverter, battery, powe...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one home energy storage system designed for full energy independence. The system integrates five key components—including PV inverter, battery, and energy management—into a compact unit...
Inventors have filed a patent for the QAIAx TDC Model Code, establishing strict safety rules and a certification program for workers in AI-managed microcities housing 1,500 to 15,000 residents. This project, part of an NIH clinical trial, tests safe ...
Veteran trader Peter Brandt is thinking about selling some of his Bitcoin holdings to invest in gold, based on a technical breakout in the gold-to-Bitcoin (XAU/BTC) ratio chart. This ratio measures how much Bitcoin one ounce of gold can buy, and Bran...
