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Which immigrant and minority homeownership rates are gaining ground in the US?

Author

Listed:
  • Durba Chakrabarty

    (Oklahoma State University)

  • Michael J. Osei

    (Oklahoma State University)

  • John V. Winters

    (Oklahoma State University
    Institute of Labor Economics (IZA)
    Global Labor Organization (GLO)
    Iowa State University)

  • Danyang Zhao

    (Oklahoma State University)

Abstract

This paper investigates post-2000 trends in homeownership rates in the US by immigrant status, race, and ethnicity. Homeownership rates for most groups examined rose during the housing boom of the early and mid-2000s but fell during and after the housing bust. By 2015 homeownership rates had fallen below year 2000 levels for most groups but not all. In particular, some Asian immigrant groups experienced sizable gains in overall homeownership rates and in regression-adjusted differences relative to white non-Hispanic natives. Some other immigrant and minority groups also made gains relative to white non-Hispanic natives. We document and discuss these changes.

Suggested Citation

  • Durba Chakrabarty & Michael J. Osei & John V. Winters & Danyang Zhao, 2019. "Which immigrant and minority homeownership rates are gaining ground in the US?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 43(2), pages 273-297, April.
    • Handle: RePEc:spr:jecfin:v:43:y:2019:i:2:d:10.1007_s12197-018-9443-0
    DOI: 10.1007/s12197-018-9443-0
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    Cited by:

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    3. Jamie Sharpe, 2020. "A Pathway To Homeownership? Evidence From The Immigration Reform And Control Act Of 1986," Contemporary Economic Policy, Western Economic Association International, vol. 38(3), pages 435-447, July.
    4. Doron Shiffer-Sebba & Hyunjoon Park, 2021. "US baby boomers’ homeownership trajectories across the life course: A Sequence Analysis approach," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 44(43), pages 1057-1072.

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    More about this item

    Keywords

    Housing; Homeownership; Immigrants; Minorities;
    All these keywords.

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination

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