# Review of Dallas Fed paper on the impacts of Illegal Immigration on U.S. Labor and Housing Markets. Page: https://stenobird.com/podcast/the-banker-next-door-6597036/review-of-dallas-fed-paper-on-the-impacts-of-illegal-immigration-on-u-s-labor-and-housing-markets Text version: https://stenobird.com/podcast/the-banker-next-door-6597036/review-of-dallas-fed-paper-on-the-impacts-of-illegal-immigration-on-u-s-labor-and-housing-markets.md Podcast: [The Banker Next Door](https://stenobird.com/podcast/the-banker-next-door-6597036) Published: 2026-06-26T16:00:00+00:00 Episode link: https://joeberq.podbean.com/e/review-of-dallas-fed-paper-on-the-impacts-of-illegal-immigration-on-us-labor-and-housing-markets/ Audio file: https://mcdn.podbean.com/mf/web/e64p5ht6xcc8z47b/Review_of_Dallas_Fed_paper_on_the_impacts_of_Unauthorized_Illegal_Immigration_on_U_S_Labor_and_Housingb4fco.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-banker-next-door-6597036/episodes/review-of-dallas-fed-paper-on-the-impacts-of-illegal-immigration-on-u-s-labor-and-housing-markets Duration seconds: 1168 ## Resource The Dallas Federal Reserve Bank recently conducted research on the effects of unauthorized or more accurately illegal immigration on U.S. labor and housing markets. The findings of the paper suggest that local employment increased without significant declines to local wages. However, on a per capita basis, illegal immigrant workers reduced wage compensation of the local workforce. In addition, the influx of illegal immigrants caused a demand shock, which increased the cost of local housing and dramatically increased the cost of housing on a national level. This episode reviewed a research paper from the Federal Reserve Bank of Dallas titled β€œThe Impacts of Unauthorized Immigration on U.S. Labor and Housing Markets: New Evidence from Administrative Microdata.” A link to the research paper is included below. Link: The Impacts of Unauthorized Immigration on U.S. Labor and Housing Markets: New Evidence from Administrative Microdata - Research Dept. Working Paper No. 2607 - Dallas Fed ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-banker-next-door-6597036/episodes/review-of-dallas-fed-paper-on-the-impacts-of-illegal-immigration-on-u-s-labor-and-housing-markets/transcription-requests` β€” Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-banker-next-door-6597036/review-of-dallas-fed-paper-on-the-impacts-of-illegal-immigration-on-u-s-labor-and-housing-markets.md` β€” Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.