Immigrants are much less likely to own their homes than natives, even after controlling for a broad range of life-cycle and socio-economic characteristics and housing market conditions. This paper extends the analysis of immigrant housing tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeownership decision, using a two-dimensional model of ethnic identity that incorporates attachments to both origin and host cultures. The evidence suggests that immigrants with a stronger commitment to the host country are more likely to achieve homeownership for a given set of socioeconomic and demographic characteristics, regardless of their level of attachment to their home country.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
6490.
Find related papers by JEL classification: F22 - International Economics - - International Factor Movements and International Business - - - International Migration J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities and Races; Non-labor Discrimination R21 - Urban, Rural, and Regional Economics - - Household Analysis - - - Housing Demand Z10 - Other Special Topics - - Cultural Economics - - - General
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