Heterogeneity in Asian American Homeownership: The Impact of Household Endowments and Immigrant Status

USC Lusk Center Working Paper No. 2001-1010

35 Pages Posted: 30 May 2002

See all articles by Gary Painter

Gary Painter

University of Southern California - Sol Price School of Public Policy

Lihong Yang

University of Southern California

Zhou Yu

Department of Family and Consumer Studies

Date Written: Dec. 2001

Abstract

Recently, research has begun to investigate the reasons for differences in homeownership rates between Asian and whites. This paper extends this research by examining the heterogeneity that exists across Asian groups in the United States. We find that there are important differences across geographic area, across time, and across groups in the importance of various factors on homeownership propensities. After controlling for household mobility and other socioeconomic characteristics, we find most Asian groups have homeownership rates similar to whites, but Chinese households have homeownership rates 20 percentage points higher than their household characteristics would predict. Part of this may be due to differences in support unmeasured in the data, but future research is needed to better understand the source of this differential.

Keywords: Asian Immigrants, Housing Tenure Choice, Homeownership, Household Mobility

JEL Classification: R21, J15

Suggested Citation

Painter, Gary and Yang, Lihong and Yu, Zhou, Heterogeneity in Asian American Homeownership: The Impact of Household Endowments and Immigrant Status (Dec. 2001). USC Lusk Center Working Paper No. 2001-1010, Available at SSRN: https://ssrn.com/abstract=311802 or http://dx.doi.org/10.2139/ssrn.311802

Gary Painter

University of Southern California - Sol Price School of Public Policy ( email )

Los Angeles, CA 90089-0626
United States
213-740-8754 (Phone)
213-740-0001 (Fax)

Lihong Yang

University of Southern California ( email )

2250 Alcazar Street
Los Angeles, CA 90089
United States

Zhou Yu (Contact Author)

Department of Family and Consumer Studies ( email )

AEB 254
225 S. 1400 E.
Salt Lake City, UT 84112
United States
8015850437 (Phone)
8015815156 (Fax)

HOME PAGE: http://https://faculty.utah.edu/u0488603-ZHOU_(Joe)_YU/hm/index.hml

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