Full Citation
Title: Information barriers and housing tenure choice: Do local ties matter?
Citation Type: Miscellaneous
Publication Year: 2023
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Abstract: This paper explores the extent to which ties to migration destination affect housing tenure decisions for movers in the US, in particular, long distance (LD) movers. 1 Using American Community Survey from 2012 to 2019, we show that LD movers are less likely to own their next home compared to short distance (SD) movers by 5.1 percentage points. We explore how various channels of local ties affect LD movers' housing tenure choices. We find that, among LD movers, the lack of geographic proximity reduces the likelihood to own their next home, while social connectedness can mitigate this effect substantially. This result is robust across different empirical specifications. Our analysis also shows that these local ties bear very different significance for SD movers' housing tenure choices compared to LD movers.
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Authors: Liao, Bessy; Hong Kim, Jae
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Data Collections: IPUMS USA
Topics: Housing and Segregation, Migration and Immigration, Population Mobility and Spatial Demography
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