Vice President JD Vance says the link between mass immigration and increased housing costs is “clear as day,” as rents across the United States continue to decline for the fourth consecutive month.

Newly released housing data show that in November, rents declined again as demand fell and vacancies reached a record high.

CNBC reports :

The national median rent for apartments fell 1% in November from October, and now stands at $1,367 , according to Apartment List. It was the fourth consecutive month-over-month decline. Apartment rents are down 1.1% from November 2024 and have fallen 5.2% from their 2022 peak. [Emphasis added]

Housing and Urban Development (HUD) Secretary Scott Turner said it is not a coincidence that rents have dropped just as the Trump administration has drasticall

See Full Page