Immigrants represent an increasingly vital component of the U.S. housing market, though there is a substantial and growing gap in homeownership rates between natives and the foreign born. We employ the New Immigrant Survey-2003 to examine the housing tenure of immigrants recently adjusted to new legal permanent resident status. The results reveal important cross-national differences in the linkages between transfers to the origin country, relationships with U.S. mainstream financial institutions, previous unauthorized experience, and housing tenure. Analyses also document that immigrants occupy three distinct housing outcomes in America; renting, owning, and living for free.
ASJC Scopus subject areas
- Arts and Humanities (miscellaneous)