August 04, 2015
From article:
Finally, the positive economic effects of immigration extend beyond just wages.Immigration increases property values, building wealth for many native-born workers (and, admittedly, raising rents for others). Increased immigration reduces the price of services provided by immigrants, such as gardening and housekeeping. There's some evidence that immigration even gets more women into the workforce by making it cheaper to hire people to watch after children and elderly relatives, and perform other homemaking tasks.
As economist Michael Clemens once told me, the effect of immigration on real wages for native workers is "definitely positive, without any doubt whatsoever." A recentevidence review by researcher David Roodman confirms this: While low-skilled immigration can make the existing low-skilled immigrant population worse off (though almost certainly not worse off than in their country of origin), Americans born here have very little to worry about, and a lot to gain.