Southern California Public Radio: Study: Immigrants lured to mid-size cities by hopes of homeownership March 15,2010

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

Study: Immigrants lured to Mid-Size Cities by hopes of homeownership
Southern California Public Radio

... The results of what's billed as the first study of immigrants buying homes in mid-size areas across the United States could help builders and local governments partner to attract the next wave of new homebuyers, the researchers said.

The exponential growth of immigrants and their descendants will represent 82 percent of U.S. population growth over the next 40 years, according to the Lusk Center.

Gary Painter, director of research at the Lusk Center, and co-author Zhou Yu, an assistant professor at the University of Utah, looked at 60 cities with housing priced lower than in the major gateways of Los Angeles, New York and Chicago...

..."Our data suggest that immigrants are attracted to homes near active support networks of fellow immigrants and in places with lower rates of immigrant growth, resulting in less competition for entry-level jobs,'' he added...