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Housing Inequality in the United States: Explaining the White-Minority Disparities in Homeownership.
- Source :
-
Housing Studies . Jan2012, Vol. 27 Issue 1, p1-26. 26p. 4 Charts, 2 Graphs. - Publication Year :
- 2012
-
Abstract
- As the homeownership rate in the United States reached its highest ever level in 2004, the distribution of homeownership remained uneven along racial and ethnic lines. Using data from the 2005–2007 3-Year Sample of the American Community Survey (ACS), this paper employs a multivariate regression model and a decomposition technique to delineate the socio-economic and demographic characteristics as well as the immigration and spatial patterns that shape racial and ethnic inequality in homeownership. The findings reveal three distinct patterns; the Asian-white homeownership gap is explained entirely by differences in immigration and spatial patterns of residence, whereas the disadvantage of blacks and Puerto Ricans is attributable to demographic, socio-economic and unobserved factors. For Mexicans and other Hispanics, all four sources influence homeownership patterns, with socio-economic factors relatively important for Mexicans and spatial variables relatively important for other Hispanics. [ABSTRACT FROM AUTHOR]
- Subjects :
- *HOUSING
*HOME ownership
*SOCIOECONOMIC factors
*MULTIVARIATE analysis
Subjects
Details
- Language :
- English
- ISSN :
- 02673037
- Volume :
- 27
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Housing Studies
- Publication Type :
- Academic Journal
- Accession number :
- 69603764
- Full Text :
- https://doi.org/10.1080/02673037.2012.628641