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Title: To Rent or to Own: Residential Tenure Choices of Chinese Students in the US

Citation Type: Dissertation/Thesis

Publication Year: 2012

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Abstract: The number of Chinese students, in particular undergraduate students, enrolled at American Universities has drastically increased during the last decade. Their out-of-state tuitions as well as living expenditures can be a boost to the local economy, including the local housing market. This thesis focuses on the housing market choices made by Chinese students in the United States.Specifically, it analyzes the factors influencing the residential preferences of Chinese students, focusing on their choice to own or rent a house while they are studying in the US. Using data for 749 Chinese students from the 2009 American Community Survey, the research estimated a logit model of tenure choice. The results suggest that five attributes are significant predictors ofwhether a student owns or rents: homeowner probabilities increase with household income, length of stay in the US, and family size. Moreover, homeowner probabilities are substantially higher for students who own a car than for those who do not own a car, and they are higher forundergraduate than graduate students. This result has potentially far reaching consequences for local housing markets as the number of Chinese undergraduate students has risen so strongly in recent years.

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Authors: Hua, Su

Institution: Purdue University

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Degree: Master of Science

Publisher Location: Lafayette, IN

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Data Collections: IPUMS USA

Topics: Housing and Segregation, Migration and Immigration

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