Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
ULI: Immigrants Impacting Houston’s Housing
The Houston-The Woodlands-Sugar Land Metropolitan Statistical Area (MSA) has a population of approximately 6.5 million. Out of that, about 1.5 million are immigrants, according to information from the Urban Land Institute’s Terwilliger Center for Housing report, “Home in America: Immigrants and Housing Demand.”
The report noted that Houston is a post-World War II immigrant gateway. In other words, a metro area with a relatively small immigration population until the 1950s, but with rapid growth in the second half of the 20th century.
Other factors mentioned in the report include that foreign-born households in the Houston MSA were less likely to be homeowners, with the Latin American and African immigrants having lower homeownership rates. However, homeownership rates among Asian immigrants was higher than that among native-born households. In addition, the majority of immigrants – 84%-86% — live in the suburbs.
Subscribe to Connect Daily Texas
For advertising information, please contact Joni Margotta
