Over 60% of Migrants Still in NYC Shelters as Immigration Raises Rents

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Over 60% of Migrants Still in NYC Shelters as Immigration Raises Rents
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More than 60 percent of migrants who have arrived in New York City since the spring of last year remain in taxpayer-funded shelters across the city’s five boroughs.

More Than 60% of Migrants Remain in New York City Shelters as Mass Immigration Exacerbates Costly Rents Mass immigration has also only exacerbated the city’s sky-high rents that are often out of reach for working and lower-middle-class New Yorkers.this week reveals that of the more than 90,000 migrants who have arrived in New York City since April 2022, almost 61 percent are still living off taxpayers in shelters.

Mayor Eric Adams said migrants will likely cost New York City taxpayers close to $3 billion this fiscal year alone after they have already spent some $1.4 billion to house, feed, and care for the new arrivals.native New Yorkers in the city’s shelter system, with the city housing about 55,000 migrants compared to roughly 50,000 New Yorkers.

Meanwhile, mass immigration to New York City has only helped send rents skyrocketing for native New Yorkers and those moving to the city.by Zillow. This represents a $200 increase compared to the same time last year. The city has the most inventory of rental properties, starting at $5,000 a month and going all the way to $150,000 a month.

The addition of tens of thousands of newly arrived border crossers and illegal aliens, on top of those thousands of legal immigrants who arrive monthly,A 2017 study in the Journal of Housing Economics found that “increases in immigration into a metropolitan statistical area are linked with rising rents and home prices in that metropolitan statistical area and neighboring metropolitan statistical areas.”Senate Committee on Banking, Housing, and Urban AffairsNew York Magazine

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