Are Immigrant and Minority Homeownership Rates Gaining Ground in the US?
Durba Chakrabarty (),
Michael Osei (),
John Winters () and
Danyang Zhao ()
No 10852, IZA Discussion Papers from Institute for the Study of Labor (IZA)
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 trends.
Keywords: housing; homeownership; immigrants; minorities (search for similar items in EconPapers)
JEL-codes: R21 J15 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mig and nep-ure
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