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Race, Immigrant Status, and Housing Tenure ChoiceDowell MyersUniversity of Southern California - School of Policy Planning and Development (SPPD) Gary PainterUniversity of Southern California - School of Policy Planning and Development (SPPD) Stuart A. GabrielUniversity of California, Los Angeles - Anderson School of Management May 2000 Abstract: This paper applies Census microdata from 1980 and 1990 to assess the determinants of housing tenure choice among racial and ethnic groups in the Los Angeles metropolitan area. Like previous research, our results indicate that endowment differences (income, education, and immigrant status) largely explain the homeownership gap between Latinos and whites. In contrast to previous work, we find that Asians are as likely to choose homeownership as are whites, and that status as an immigrant did not portend lower homeownership rates among Asians. However, the endowment-adjusted homeownership choice differential between whites and blacks remains sizable; further, that gap more than doubled between 1980 and 1990, to a full 11 percentage points.
Number of Pages in PDF File: 25 Keywords: Minority, homeownership, choice JEL Classification: R21 working papers seriesDate posted: January 29, 2001Suggested CitationContact Information
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