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Title: Homeownership in the Undocumented Population and the Consequences of Credit Constraints

Citation Type: Miscellaneous

Publication Year: 2021

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Abstract: I study the relationship between undocumented status and homeownership among immigrants in the U.S. Finding that undocumented immigrants are less likely to own their homes (even conditional on observable characteristics), I assess whether policy has affected the relationship between legal status and homeownership and explore potential mechanisms behind differences in housing tenure outcomes of otherwise similar immigrant groups. I use the 2012 Deferred Action for Childhood Arrivals policy to provide quasi-experimental evidence of the homeownership gap and estimate the impact of the recent immigration policy on housing market outcomes. I supplement the analysis with an evaluation of the legal clarification made in the 2003 changes to Treasury Department rules, explicitly allowing the use of individual taxpayer identification numbers in lieu of social security numbers to establish bank accounts. Comparing the effects of these changes in policy allows for further discussion of the factors that drive the homeownership gap between undocumented immigrants and those with legal status.

Url: https://www.economics.uci.edu/files/docs/2021/gradjobmarket/christopher_derek.pdf

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Authors: Christopher, Derek

Publisher: University of California Irvine

Data Collections: IPUMS USA, IPUMS NHGIS

Topics: Housing and Segregation, Migration and Immigration

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