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Are Immigrant and Minority Homeownership Rates Gaining Ground in the US?

Author

Listed:
  • Chakrabarty, Durba

    (Oklahoma State University)

  • Osei, Michael J.

    () (Oklahoma State University)

  • Winters, John V.

    () (Iowa State University)

  • Zhao, Danyang

    (Oklahoma State University)

Abstract

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.

Suggested Citation

  • Chakrabarty, Durba & Osei, Michael J. & Winters, John V. & Zhao, Danyang, 2017. "Are Immigrant and Minority Homeownership Rates Gaining Ground in the US?," IZA Discussion Papers 10852, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp10852
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    References listed on IDEAS

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    Cited by:

    1. Osei, Michael J. & Winters, John V., 2018. "Labor Demand Shocks and Housing Prices across the US: Does One Size Fit All?," IZA Discussion Papers 11636, Institute for the Study of Labor (IZA).

    More about this item

    Keywords

    housing; homeownership; immigrants; minorities;

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination

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