Record Details


Field	Value

Title	Portfolio Reasons for Homeownership: The Case of Immigrants

Creator	Vargas Silva, Carlos

Subject	Housing; Migration; Asset Accumulation

Description	This paper uses data from the Legalized Population Survey to study the determinants of U.S. immigrant’s home ownership. The main interest of the paper is on the relationship between house ownership in the U.S. and house ownership abroad. The results show that house ownership of U.S. immigrants is positively related to house ownership abroad. The results are especially significant for females and for the ownership of a second house in the U.S. These results seem to imply that migrants balance their portfolios between housing investments in the U.S. (safe assets) and housing investments abroad (risky assets). It is possible that these housing investments abroad can account for some of the low house ownership rates that previous studies have found for U.S. immigrants

Publisher	Universidad EAFIT

Date	2006-10-15

Type	info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article

Format	application/pdf

Identifier	http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955

Source	Ecos de Economía: A Latin American Journal of Applied Economics; Vol 10 No 23 (2006); 73-86 Ecos de Economía: A Latin American Journal of Applied Economics; Vol 10 No 23 (2006); 73-86 2462-8107 1657-4206

Language	spa

Relation	http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965

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