Heterogeneity in Asian American Homeownership: The Impact of Household Endowments and Immigrant Status

Gary Painter, Lihong Yang and Zhou Yu

No 8630, Working Paper from USC Lusk Center for Real Estate

Abstract: Recently, research has begun to investigate the reasons for differences in homeownershiprates between Asian and whites. This paper extends this research by examining theheterogeneity that exists across Asian groups in the United States. We find that there areimportant differences across geographic area, across time, and across groups in the importance ofvarious factors that influence the likelihood of owning a home. After controlling for householdmobility and other socioeconomic characteristics, we find most Asian groups havehomeownership rates similar to whites, but Chinese households have homeownership rates 20percentage points higher than their household characteristics would predict. Part of this may bedue to differences in support unmeasured in the data, but future research is needed to betterunderstand the source of this differential.

Keywords: Homeownership; Race; heterogeneity; Chinese homeownership (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:luk:wpaper:8630

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