Buying into the American Dream? Mexican Immigrants, Legal Status, and Homeownership in Los Angeles County*

Eileen Diaz McConnell and Enrico A. Marcelli

Social Science Quarterly, 2007, vol. 88, issue 1, 199-221

Abstract: Objectives. Contemporary patterns of homeownership reflect the continuing racial and ethnic stratification that exists in nearly all areas of American society. Of particular interest, especially within the context of recent immigration legislation, are the homeownership experiences of Mexican immigrants in the United States. Methods. The current study employs unique data from the 2001 Los Angeles County Mexican Immigrant Residency Status Survey (LAC‐MIRSS) to examine the association between diverse forms of legal status and homeownership for Mexican immigrants. Results. Analyses indicate that the relationship between legal status and housing tenure is not statistically significant, after accounting for economic, life‐course/life‐cycle, and assimilation/social capital characteristics. Conclusions. The lack of a significant relationship is contrary to past research, perhaps explained by the explosive growth of the subprime mortgage market in the United States; the increasing recognition by financial institutions of Latino immigrants as a largely untapped, yet emerging, market in the mortgage industry; the availability of alternative forms of identification; and the institutionalization of unauthorized immigration in Los Angeles.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
https://doi.org/10.1111/j.1540-6237.2007.00454.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:socsci:v:88:y:2007:i:1:p:199-221

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0038-4941

Access Statistics for this article

Social Science Quarterly is currently edited by Robert L. Lineberry

More articles in Social Science Quarterly from Southwestern Social Science Association
Bibliographic data for series maintained by Wiley Content Delivery ().