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Immigrant Homeownership and Immigration Status: Evidence from Spain

  • Amuedo-Dorantes, Catalina

    ()

    (San Diego State University)

  • Mundra, Kusum

    ()

    (Rutgers University)

Because of the many advantages of homeownership for immigrants and for the communities where immigrants reside, a variety of countries have implemented policies that facilitate immigrant homeownership. Although these policies hinge on immigration status, the link between immigration status and homeownership is yet to be carefully explored. Using a recent survey of immigrants in Spain, we find that permanent residents from the EU15 enjoy the highest homeownership rates, even after accounting for a wide range of individual and family characteristics known to impact housing ownership. Permanent residents from countries outside the EU15, temporary residents and undocumented immigrants are, respectively, 12 percentage-points, 29 percentage-points and 33 percentage-points less likely to own a home than permanent residents from the EU15. Overall, the findings highlight the differences in homeownership by immigrant status, possibly reflecting differences in cultural adaptation and integration across immigrants in host country.

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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6676.

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Length: 28 pages
Date of creation: Jun 2012
Date of revision:
Handle: RePEc:iza:izadps:dp6676
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  1. Delia Furtado & Nikolaos Theodoropoulos, 2009. "I'll marry you if you get me a job: Marital assimilation and immigrant employment rates," International Journal of Manpower, Emerald Group Publishing, vol. 30(1/2), pages 116-126, May.
  2. Eileen Diaz McConnell & Enrico A. Marcelli, 2007. "Buying into the American Dream? Mexican Immigrants, Legal Status, and Homeownership in Los Angeles County," Social Science Quarterly, Southwestern Social Science Association, vol. 88(1), pages 199-221.
  3. Dean Yang, 2006. "Why Do Migrants Return to Poor Countries? Evidence from Philippine Migrants' Responses to Exchange Rate Shocks," The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 715-735, November.
  4. Denise DiPasquale & Edward L. Glaeser, 1998. "Incentives and Social Capital: Are Homeowners Better Citizens?," NBER Working Papers 6363, National Bureau of Economic Research, Inc.
  5. Xin Meng & Robert G. Gregory, 2005. "Intermarriage and the Economic Assimilation of Immigrants," Journal of Labor Economics, University of Chicago Press, vol. 23(1), pages 135-176, January.
  6. Constant, Amelie F. & Roberts, Rowan & Zimmermann, Klaus F., 2007. "Ethnic Identity and Immigrant Homeownership," IZA Discussion Papers 3050, Institute for the Study of Labor (IZA).
  7. Christopher F Baum & Mark E. Schaffer & Steven Stillman, 2007. "Enhanced routines for instrumental variables/GMM estimation and testing," Boston College Working Papers in Economics 667, Boston College Department of Economics, revised 05 Sep 2007.
  8. Christopher F Baum & Mark E. Schaffer & Steven Stillman, 2002. "Instrumental variables and GMM: Estimation and testing," United Kingdom Stata Users' Group Meetings 2003 02, Stata Users Group.
  9. George J. Borjas, 2002. "Homeownership in the Immigrant Population," NBER Working Papers 8945, National Bureau of Economic Research, Inc.
  10. 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.
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