Ethnic Identity and Immigrant Homeownership

25 Pages Posted: 2 Jun 2008

See all articles by Amelie F. Constant

Amelie F. Constant

Princeton University; UNU-MERIT; CESifo

Rowan Roberts

IZA Institute of Labor Economics

Klaus F. Zimmermann

Global Labor Organization (GLO); UNU-MERIT; Maastricht University, Department of Economics; Free University Berlin; University of Bonn; Centre for Economic Policy Research (CEPR); Journal of Population Economics

Multiple version iconThere are 2 versions of this paper

Date Written: September 2007

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.

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

JEL Classification: F22, J15, R21, Z10

Suggested Citation

Constant, Amelie F. and Roberts, Rowan and Zimmermann, Klaus F., Ethnic Identity and Immigrant Homeownership (September 2007). CEPR Discussion Paper No. DP6490, Available at SSRN: https://ssrn.com/abstract=1138954

Amelie F. Constant

Princeton University ( email )

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Rowan Roberts

IZA Institute of Labor Economics ( email )

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Germany

Klaus F. Zimmermann (Contact Author)

Global Labor Organization (GLO) ( email )

Bonn
Germany

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UNU-MERIT ( email )

Keizer Karelplein 19
Maastricht, 6211TC
Netherlands

Maastricht University, Department of Economics ( email )

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Netherlands

University of Bonn

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Centre for Economic Policy Research (CEPR)

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United Kingdom

Journal of Population Economics

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