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

34 Pages Posted: 10 Jul 2017  

Durba Chakrabarty

Oklahoma State University - Stillwater, Department of Economics & Legal Studies in Business, Students

Michael Osei

Oklahoma State University - Stillwater

John V. Winters

Oklahoma State University - Stillwater

Danyang Zhao

Oklahoma State University - Stillwater

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.

Keywords: housing, homeownership, immigrants, minorities

JEL Classification: R21, J15

Suggested Citation

Chakrabarty, Durba and Osei, Michael and Winters, John V. and Zhao, Danyang, Are Immigrant and Minority Homeownership Rates Gaining Ground in the US?. IZA Discussion Paper No. 10852. Available at SSRN: https://ssrn.com/abstract=2998961

Durba Chakrabarty (Contact Author)

Oklahoma State University - Stillwater, Department of Economics & Legal Studies in Business, Students ( email )

Stillwater, OK
United States

Michael Osei

Oklahoma State University - Stillwater ( email )

Stillwater, OK 74078-0555
United States

John V. Winters

Oklahoma State University - Stillwater ( email )

Stillwater, OK 74078-0555
United States

Danyang Zhao

Oklahoma State University - Stillwater

Stillwater, OK 74078-0555
United States

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