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Temporal and ethnic decompositions of homeownership rates: Synthetic cohorts across five censuses

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  • Coulson, N. Edward
  • Dalton, Maurice

Abstract

We perform probit-based Oaxaca-Fairlie decompositions of the change in ownership rates for four ethnic groups and three age groups over five censuses, and then construct second-order decompositions of the white/non-white differentials. There is substantial heterogeneity in how Hispanic, Asian and Black households of various age cohorts converge to and diverge from their white counterparts with respect to homeownership.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Housing Economics.

Volume (Year): 19 (2010)
Issue (Month): 3 (September)
Pages: 155-166

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Handle: RePEc:eee:jhouse:v:19:y:2010:i:3:p:155-166

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Web page: http://www.elsevier.com/locate/inca/622881

Related research

Keywords: Homeownership Ethnic differentials Oaxaca decomposition;

References

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  1. Donald R. Haurin & Stuart S. Rosenthal, 2009. "Language, Agglomeration and Hispanic Homeownership," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 37(2), pages 155-183.
  2. Richard K. Green, 1995. "Should the Stagnant Homeownership Rate be a Source of Concern?," NBER Working Papers 5176, National Bureau of Economic Research, Inc.
  3. Goodman, Allen C., 1988. "An econometric model of housing price, permanent income, tenure choice, and housing demand," Journal of Urban Economics, Elsevier, vol. 23(3), pages 327-353, May.
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  5. Denice DiPasquale & Edward L. Glaeser, 1997. "Incentives and Social Capital: Are Homeowners Better Citizens?," Harvard Institute of Economic Research Working Papers 1815, Harvard - Institute of Economic Research.
  6. Donald Bradley & Richard K. Green & Brian J. Surette, 2007. "The Impacts of Remittances, Residency Status and Financial Attachment on Housing Tenure for Mexican-Heritage Americans: Inferences from a New Survey," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 35(4), pages 451-478, December.
  7. Lauren Krivo, 1995. "Immigrant characteristics and Hispanic-Anglo housing inequality," Demography, Springer, vol. 32(4), pages 599-615, November.
  8. Maude Toussaint-Comeau & Sherrie L. W. Rhine, 2004. "Tenure Choice with Location Selection: The Case of Hispanic Neighborhoods in Chicago," Contemporary Economic Policy, Western Economic Association International, vol. 22(1), pages 95-110, 01.
  9. Gabriel, Stuart & Painter, Gary, 2003. "Pathways to Homeownership: An Analysis of the Residential Location and Homeownership Choices of Black Households in Los Angeles," The Journal of Real Estate Finance and Economics, Springer, vol. 27(1), pages 87-109, July.
  10. Megbolugbe, Isaac F & Cho, Man, 1996. "Racial and Ethnic Differences in Housing Demand: An Econometric Investigation," The Journal of Real Estate Finance and Economics, Springer, vol. 12(3), pages 295-318, May.
  11. Deng, Yongheng & Ross, Stephen L. & Wachter, Susan M., 2003. "Racial differences in homeownership: the effect of residential location," Regional Science and Urban Economics, Elsevier, vol. 33(5), pages 517-556, September.
  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.
  13. Gyourko, Joseph & Linneman, Peter, 1996. "Analysis of the Changing Influences on Traditional Households' Ownership Patterns," Journal of Urban Economics, Elsevier, vol. 39(3), pages 318-341, May.
  14. William J.Collins & Robert A. Margo, 2000. "Race and Home Ownership: A Century-Long View," Vanderbilt University Department of Economics Working Papers 0012, Vanderbilt University Department of Economics.
  15. Gary Painter & Lihong Yang & Zhou Yu, 2004. "Homeownership Determinants for Chinese Americans: Assimilation, Ethnic Concentration and Nativity," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 32(3), pages 509-539, 09.
  16. Donald R. Haurin & Toby L. Parcel & R. Jean Haurin, 2002. "Does Homeownership Affect Child Outcomes?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 30(4), pages 635-666.
  17. Bostic, Raphael W & Surette, Brian J, 2001. "Have the Doors Opened Wider? Trends in Homeownership Rates by Race and Income," The Journal of Real Estate Finance and Economics, Springer, vol. 23(3), pages 411-34, November.
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Cited by:
  1. Sejeong Ha & Christian A. L. Hilber, 2013. "Do Long Distance Moves Discourage Homeownership? Evidence from England," SERC Discussion Papers 0141, Spatial Economics Research Centre, LSE.

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