Endowments and Minority Homeownership
Year: 2018
Type: preprint
Study design: Observational Study
Abstract: Fifty years after the adoption of the 1968 Fair Housing Act that prohibits discrimination in the housing market, homeownership rates have not increased for black or Hispanic households. The current homeownership rate for black households is 42 percent, identical to the 1970 census reported level, and 48 percent for Hispanic households, lower than 1970. Using data from the 1989, 2005 and 2013 American Housing Surveys, we identify the extent to which group differences in household endowments account for persistently low minority homeownership levels.
Source: SSRN Electronic Journal
Authors: Arthur Acolin, Desen Lin, Susan M. Wächter
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: green
OpenAlex ID: W2946580334