Year: 2024
Type: article
Study design: Observational Study
Abstract: Indian society presents heterogeneity across two identities – that is, religion and caste – that lead to heterogenous economic outcomes, but affirmative action is mostly applicable to caste. Our empirical models affirm that economically less secure households have a higher homeownership propensity in India. Minority religions and backward castes also have a significantly higher propensity to own homes. This is in sharp contrast to findings in the US where minority households are associated with lower homeownership rates. Further, religious and caste-based identities in India lead to different household behaviours in differing demographic mixes. Religious identity in India is more salient than caste identity in explaining differing homeownership patterns.
Source: Urban Studies
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4404856313