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Title: Cohort Progress toward Homeownership and Household Formation: Young Immigrant Cohorts in Los Angeles and Toronto Compared

Citation Type: Conference Paper

Publication Year: 2010

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Abstract: As immigrants adapt to their new country, they not only increase their homeownership propensities, but they also become more likely to form independent households. But how do they compare with native-born residents, who also progress over time? This paper examines residentialassimilation of five young immigrant cohorts in Los Angeles and Toronto over a five year period in the early 2000s. Results show that while immigrants enjoy significant progress, there are large variations between sub-groups.The Chinese have been cast as housing high achievers, attaining homeownership by compressing rates of household formation. In contrast, "low" achievers, such as black immigrants, have the highest rates of household formation alongside the lowest rates of ownership. Regarding cross-country differences, we interpret that racial groups share the same culture and having a similar desire to own homes in both countries, and that variable rates of household formation represent a household strategy to achieve homeownership in the face of different assimilation contexts. The findings strongly support the need to account for household formation in the study of homeownership attainment.

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Authors: Yu, Zhou; Haan, Michael

Conference Name: Population Association of America

Publisher Location: Dallas, TX

Data Collections: IPUMS USA

Topics: Housing and Segregation, Migration and Immigration, Other

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