Journal Article

The relationship between Hispanic residential location and homeownership


Abstract: This article asks two basic questions. First, is homeownership more or less likely for Hispanics who choose to reside in an ethnic location; and second, is the location decision jointly or endogenously made with the homeownership decision? The findings suggest that, indeed, the location and homeownership decisions are jointly made. Furthermore, the decision to reside in a Hispanic enclave has a positive, significant influence on the likelihood of owning a home.

Keywords: Home ownership; Hispanic Americans - Population;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2004

Volume: 28

Issue: Q III

Pages: 2-12