The relationship between Hispanic residential location and homeownership
AbstractThis article asks two basic questions. First, is homeownership more or less likely for Hispanics who choose to reside in an ethnic location; and second, is the location decision jointly or endogenously made with the homeownership decision? The findings suggest that, indeed, the location and homeownership decisions are jointly made. Furthermore, the decision to reside in a Hispanic enclave has a positive, significant influence on the likelihood of owning a home.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.
Volume (Year): (2004)
Issue (Month): Q III ()
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