IDEAS home Printed from https://ideas.repec.org/a/bla/socsci/v86y2005i2p403-426.html
   My bibliography  Save this article

Black Homeownership: The Role of Temporal Changes and Residential Segregation at the End of the 20th Century

Author

Listed:
  • Lance Freeman

Abstract

Objective. This study examines how the odds of a black renter becoming a homeowner changed during the 1990s, considering significant policy changes aimed at dismantling discriminatory barriers to nonwhite homeownership during that time period and various housing‐market characteristics, including the level of residential segregation. Methods. This study uses geocoded data from the Panel Study of Income Dynamics and from the 1990 and 2000 Censuses to estimate an event‐history model of transition into homeownership for black Americans. Results. The results of this study suggest that blacks benefited from the changing home‐lending environment and were more likely to become homeowners during the 1990s. These improvements appear to be both absolute and relative to whites. This implies that the policy changes had some success. Nevertheless, blacks were significantly less likely to become homeowners during the study period—even after controlling for a variety of factors known to be associated with homeownership—suggesting that further reforms may be necessary to eradicate disparities in access to homeownership between whites and blacks. The analysis also shows that blacks residing in metro areas with the highest levels of racial isolation were significantly more likely to become homeowners than blacks residing in metro areas with the lowest levels of isolation. Conclusion. The study results show that the policy reforms of the 1990s likely had a salutary effect on black homeownership. The results also suggest that residential segregation matters to black homeownership in complex ways.

Suggested Citation

  • Lance Freeman, 2005. "Black Homeownership: The Role of Temporal Changes and Residential Segregation at the End of the 20th Century," Social Science Quarterly, Southwestern Social Science Association, vol. 86(2), pages 403-426, June.
  • Handle: RePEc:bla:socsci:v:86:y:2005:i:2:p:403-426
    DOI: 10.1111/j.0038-4941.2005.00310.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.0038-4941.2005.00310.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.0038-4941.2005.00310.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Justin Quear & Wallace E. Tyner, 2006. "Development Of Variable Ethanol Subsidy And Comparison With The Fixed Subsidy," Working Papers 06-16, Purdue University, College of Agriculture, Department of Agricultural Economics.
    2. Thomas P. Boehm & Alan M. Schlottmann, 2009. "The Dynamics of Homeownership: Eliminating the Gap Between African American and White Households," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 37(4), pages 599-634, December.
    3. Xavier de Souza Briggs & Benjamin J. Keys, 2009. "Has Exposure to Poor Neighbourhoods Changed in America? Race, Risk and Housing Locations in Two Decades," Urban Studies, Urban Studies Journal Limited, vol. 46(2), pages 429-458, February.
    4. Tracy M. Turner & Marc T. Smith, 2009. "Exits From Homeownership: The Effects Of Race, Ethnicity, And Income," Journal of Regional Science, Wiley Blackwell, vol. 49(1), pages 1-32, February.
    5. Herbst, Chris M. & Lucio, Joanna, 2014. "Happy in the Hood? The Impact of Residential Segregation on Self-Reported Happiness," IZA Discussion Papers 7944, Institute of Labor Economics (IZA).
    6. Maria I. Marshall, 2006. "Who Chooses To Own A Manufactured Home ?," Working Papers 06-12, Purdue University, College of Agriculture, Department of Agricultural Economics.
    7. Dawkins, Casey J., 2005. "Racial gaps in the transition to first-time homeownership: The role of residential location," Journal of Urban Economics, Elsevier, vol. 58(3), pages 537-554, November.
    8. Chenoa Flippen, 2010. "The spatial dynamics of stratification: Metropolitan context, population redistribution, and black and Hispanic homeownership," Demography, Springer;Population Association of America (PAA), vol. 47(4), pages 845-868, November.
    9. Rebbeca Tesfai, 2016. "The Interaction between Race and Nativity on the Housing Market: Homeownership and House Value of Black Immigrants in the United States," International Migration Review, Wiley Blackwell, vol. 50(4), pages 1005-1045, December.
    10. Zhou Yu & Dowell Myers, 2010. "Misleading Comparisons of Homeownership Rates when the Variable Effect of Household Formation Is Ignored: Explaining Rising Homeownership and the Homeownership Gap between Blacks and Asians in the US," Urban Studies, Urban Studies Journal Limited, vol. 47(12), pages 2615-2640, November.
    11. Ling Li, 2016. "Impacts of Homeownership and Residential Stability on Children’s Academic Performance in Hong Kong," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(2), pages 595-616, March.
    12. Rebbeca Tesfai, 2017. "Continued Success or Caught in the Housing Bubble? Black Immigrants and the Housing Market Crash," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 36(4), pages 531-560, August.
    13. R. Varisa Patraporn & Deirdre Pfeiffer & Paul Ong, 2010. "Building Bridges to the Middle Class: The Role of Community-Based Organizations in Asian American Wealth Accumulation," Economic Development Quarterly, , vol. 24(3), pages 288-303, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:socsci:v:86:y:2005:i:2:p:403-426. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0038-4941 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.