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Ethnic Identity and Immigrant Homeownership

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Author Info

  • Constant, Amelie F.

    ()
    (George Washington University, Temple University)

  • Roberts, Rowan

    ()
    (Cape York Institute)

  • Zimmermann, Klaus F.

    ()
    (IZA and University of Bonn)

Abstract

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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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 3050.

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Length: 24 pages
Date of creation: Sep 2007
Date of revision:
Publication status: published in: Urban Studies, 2009, 46 (9), 1879-1898
Handle: RePEc:iza:izadps:dp3050

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Keywords: ethnicity; homeownership; immigration; immigrant integration; ethnic identity;

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References

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  1. Borjas, George J., 2002. "Homeownership in the immigrant population," Journal of Urban Economics, Elsevier, vol. 52(3), pages 448-476, November.
  2. Galor, Oded & Stark, Oded, 1990. "Migrants' Savings, the Probability of Return Migration and Migrants' Performance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(2), pages 463-67, May.
  3. Rivers, Douglas & Vuong, Quang H., 1988. "Limited information estimators and exogeneity tests for simultaneous probit models," Journal of Econometrics, Elsevier, vol. 39(3), pages 347-366, November.
  4. Amelie Constant & Liliya Gataullina & Klaus F. Zimmermann, 2006. "Gender, Ethnic Identity and Work," Discussion Papers of DIW Berlin 643, DIW Berlin, German Institute for Economic Research.
  5. 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.
  6. Mathias Sinning, 2006. "Home-ownership and Economic Performance of Immigrants in Germany," RWI Discussion Papers 0045, Rheinisch-Westfälisches Institut für Wirtschaftsforschung.
  7. Daniel Aaronson, 1999. "A note on the benefits of homeownership," Working Paper Series WP-99-23, Federal Reserve Bank of Chicago.
  8. Deborah A. Cobb-Clark & Vincent A. Hildebrand, 2006. "The Wealth And Asset Holdings Of U.S.-Born And Foreign-Born Households: Evidence From Sipp Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 52(1), pages 17-42, 03.
  9. Richard K. Green & Michelle J. White, 1994. "Measuring the Benefits of Homeowning: Effects on Children," University of Chicago - George G. Stigler Center for Study of Economy and State 93, Chicago - Center for Study of Economy and State.
  10. Borjas, George J, 1985. "Assimilation, Changes in Cohort Quality, and the Earnings of Immigrants," Journal of Labor Economics, University of Chicago Press, vol. 3(4), pages 463-89, October.
  11. 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.
  12. Coulson, N. Edward, 1999. "Why Are Hispanic- and Asian-American Homeownership Rates So Low?: Immigration and Other Factors," Journal of Urban Economics, Elsevier, vol. 45(2), pages 209-227, March.
  13. Anita I. Drever & William A. V. Clark, 2002. "Gaining Access to Housing in Germany: The Foreign Minority Experience," Discussion Papers of DIW Berlin 283, DIW Berlin, German Institute for Economic Research.
  14. Lauren Krivo, 1995. "Immigrant characteristics and Hispanic-Anglo housing inequality," Demography, Springer, vol. 32(4), pages 599-615, November.
  15. Chiswick, Barry R, 1978. "The Effect of Americanization on the Earnings of Foreign-born Men," Journal of Political Economy, University of Chicago Press, vol. 86(5), pages 897-921, October.
  16. Dustmann, Christian, 1997. "Return migration, uncertainty and precautionary savings," Journal of Development Economics, Elsevier, vol. 52(2), pages 295-316, April.
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