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Heterogeneity in Asian American Home-ownership: The Impact of Household Endowments and Immigrant Status

Author

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  • Gary Painter

    (Lusk Center for Real Estate, University of Southern California, Los Angeles, CA 90089-0626, USA, gpainter@usc.edu)

  • Lihong Yang

    (Lusk Center for Real Estate, University of Southern California, Los Angeles, CA 90089-0626, USA, lihongya@usc.edu)

  • Zhou Yu

    (Lusk Center for Real Estate, University of Southern California, Los Angeles, CA 90089-0626, USA, zyu@usc.edu)

Abstract

Recently, research has begun to investigate the reasons for differences in homeownership rates between Asians and Whites. This paper extends this research by examining the heterogeneity that exists across Asian groups in the US. We find that there are important differences across geographical area, across time and across groups in the importance of various factors that influence the likelihood of owning a home. After controlling for household mobility and other socioeconomic characteristics, we find that most Asian groups have home-ownership rates similar to those of Whites, but that Chinese households have home-ownership rates 20 percentage points higher than their household characteristics would predict. In part, this may be due to differences in support unmeasured in the data, but future research is needed to fully understand the source of this differential.

Suggested Citation

  • Gary Painter & Lihong Yang & Zhou Yu, 2003. "Heterogeneity in Asian American Home-ownership: The Impact of Household Endowments and Immigrant Status," Urban Studies, Urban Studies Journal Limited, vol. 40(3), pages 505-530, March.
    • Handle: RePEc:sae:urbstu:v:40:y:2003:i:3:p:505-530
    DOI: 10.1080/0042098032000053897
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    References listed on IDEAS

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    6. Gary Painter, 2000. "Tenure Choice with Sample Selection: A Note on the Differences among Alternative Samples," Working Paper 8647, USC Lusk Center for Real Estate.
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    12. Painter, Gary & Gabriel, Stuart & Myers, Dowell, 2001. "Race, Immigrant Status, and Housing Tenure Choice," Journal of Urban Economics, Elsevier, vol. 49(1), pages 150-167, January.
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    Cited by:

    1. Laurent Gobillon & Matthieu Solignac, 2020. "Homeownership of immigrants in France: selection effects related to international migration flows [A nation of immigrants: assimilation and economic outcomes in the age of mass migration]," Journal of Economic Geography, Oxford University Press, vol. 20(2), pages 355-396.
    2. Michael Grover & Richard M. Todd, 2008. "Accounting for regional migration patterns and homeownership disparities in the Hmong-American refugee community, 1980-2000," Community Affairs Report 2008-1, Federal Reserve Bank of Minneapolis.
    3. Courchane, Marsha & Darolia, Rajeev & Gailey, Adam, 2015. "Borrowers from a different shore: Asian outcomes in the U.S. mortgage market," Journal of Housing Economics, Elsevier, vol. 28(C), pages 76-90.

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