Title of Presentation or Performance

The Foreign-Born and the American Dream: An Analysis of Trends in and Determinants of Immigrant Homeownership

Major

Economics

Type of Submission

Oral Presentation

Type of Submission (Archival)

Event

Area of Study or Work

Economics

Expected Graduation Date

2022

Location

CNS E101

Start Date

4-9-2022 8:30 AM

End Date

4-9-2022 9:30 AM

Abstract

For many Americans, owning a home is an important step in their life journey and constitutes a meaningful component of a person’s achievement of the “American Dream.” This paper analyzes the extent and possibility for foreign-born residents of the United States to achieve homeownership. This paper utilizes Integrated Public Microdata Series (IPUMS) American Community Survey (ACS) data to analyze trends in immigrant homeownership and evaluate the factors that influence homeownership rates among immigrants. To get a view as to what changes have been occurring over time, this paper looks at data from two separate years: 2006 and 2019. Using comparisons of descriptive statistics, I determine the difference between the homeownership rates of U.S. natives and immigrants in the sample for each year. Then, I use a series of regression models to estimate the effects of different determinants of the homeownership rate. This regression analysis includes standard socioeconomic variables and a variety of immigrant-specific characteristics (such as citizenship status, linguistic isolation, years since immigration, and country of origin) in an effort to understand what factors explain the difference in observed homeownership rates between natives and immigrants and how these factors may have changed over time.

This document is currently not available here.

Share

COinS
 
Apr 9th, 8:30 AM Apr 9th, 9:30 AM

The Foreign-Born and the American Dream: An Analysis of Trends in and Determinants of Immigrant Homeownership

CNS E101

For many Americans, owning a home is an important step in their life journey and constitutes a meaningful component of a person’s achievement of the “American Dream.” This paper analyzes the extent and possibility for foreign-born residents of the United States to achieve homeownership. This paper utilizes Integrated Public Microdata Series (IPUMS) American Community Survey (ACS) data to analyze trends in immigrant homeownership and evaluate the factors that influence homeownership rates among immigrants. To get a view as to what changes have been occurring over time, this paper looks at data from two separate years: 2006 and 2019. Using comparisons of descriptive statistics, I determine the difference between the homeownership rates of U.S. natives and immigrants in the sample for each year. Then, I use a series of regression models to estimate the effects of different determinants of the homeownership rate. This regression analysis includes standard socioeconomic variables and a variety of immigrant-specific characteristics (such as citizenship status, linguistic isolation, years since immigration, and country of origin) in an effort to understand what factors explain the difference in observed homeownership rates between natives and immigrants and how these factors may have changed over time.