Portfolio Reasons for Homeownership: The Case of Immigrants

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dc.citation.epage86
dc.citation.issue23
dc.citation.journalAbbreviatedTitleEcos de Economíaeng
dc.citation.journalTitleEcos de Economia: A Latin American journal of applied economicseng
dc.citation.spage73
dc.citation.volume10
dc.contributor.affiliationWestern Michigan University Friedmann Hall Kalamazoospa
dc.contributor.authorVargas Silva, Carlosspa
dc.coverage.spatialMedellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degreeseng
dc.date02/10/2006
dc.date.accessioned2020-01-31T18:42:49Z
dc.date.available2020-01-31T18:42:49Z
dc.date.issued02/10/2006
dc.descriptionThis 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. immigrantseng
dc.formatapplication/pdf
dc.identifier.issn2462-8107
dc.identifier.issn1657-4253
dc.identifier.urihttp://hdl.handle.net/10784/15560
dc.language.isospa
dc.publisherUniversidad EAFITspa
dc.relation.ispartofEcos de Economía, Vol 10, No 23 (2006)
dc.relation.isversionofhttp://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965
dc.relation.urihttp://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965
dc.rightsCopyright (c) 2006 Carlos Vargas Silvaeng
dc.rights.accessrightsinfo:eu-repo/semantics/openAccesseng
dc.rights.localAcceso abiertospa
dc.sourceinstname:Universidad EAFIT
dc.sourcereponame:Repositorio Institucional Universidad EAFIT
dc.sourceEcos de Economía, Vol 10, No 23 (2006)spa
dc.subjectR21
dc.subjectF22
dc.subjectG11
dc.subject.keywordHousingeng
dc.subject.keywordMigrationeng
dc.subject.keywordAsset Accumulationeng
dc.subject.keywordViviendaspa
dc.subject.keywordMigraciónspa
dc.subject.keywordAcumulación de activos.spa
dc.titlePortfolio Reasons for Homeownership: The Case of Immigrantseng
dc.typearticleeng
dc.typeinfo:eu-repo/semantics/articleeng
dc.typepublishedVersioneng
dc.typeinfo:eu-repo/semantics/publishedVersioneng
dc.type.localArtículospa

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Ecos de Economía, Vol. 10, No. 23 (2006)
Vol 10, No 23 (2006)