1999
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.
