World Immigration News

Immigration Restrictions Will Lower Household Formation

Release Date
2025-08-06
Media
APOLLO ACADEMY
Summary
From 2024 to 2026, U.S. household formation could decline by as much as 50% due to deportations and immigration restrictions, which would have significant effects on consumer spending, housing demand, and home prices. Projections for 2025 and 2026 are based solely on natural population growth and legal immigration, assuming zero unauthorized immigration. Using CBO and Migration Policy Institute estimates, the calculation adds natural population growth to 65% of total net migration—excluding an estimated 0.9 million increase in unauthorized immigrants in 2023—and divides by the average U.S. household size. The data comes from Apollo Global Management, which cautions that the information is not guaranteed for accuracy, reflects conditions as of the stated date, and that forward-looking statements may differ materially from actual outcomes.
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United States of America

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