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The Minority Homeownership Gap, Home Foreclosure, and Nativity: Evidence from Miami-Dade County

Lookup NU author(s): Professor Rachel Franklin

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Abstract

This paper investigates the interplay between nativity and both homeownership and foreclosure in Miami‐Dade County, Florida at both the individual and community levels. We estimate the likelihood of individual‐level home ownership based on place of birth and year of entry to the U.S., and separately estimate community‐level foreclosures based on the demographic composition of neighborhoods. Results confirm previous work: all subgroups, except Cubans, are less likely to be homeowners than white, non‐Hispanics and only Cuban neighborhoods had foreclosure rates significantly lower than rates in white, non‐Hispanic neighborhoods. Nativity has a stronger effect on homeownership than on foreclosure levels.


Publication metadata

Author(s): Cahill ME, Franklin RS

Publication type: Article

Publication status: Published

Journal: Journal of Regional Science

Year: 2013

Volume: 53

Issue: 1

Pages: 91-117

Print publication date: 01/02/2013

Acceptance date: 01/10/2012

ISSN (print): 0022-4146

ISSN (electronic): 1467-9787

Publisher: Wiley-Blackwell Publishing, Inc.

URL: https://doi.org/10.1111/jors.12014

DOI: 10.1111/jors.12014


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