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Models of Homeownership: Immigrants'Assimilation, Structural Type, and Metropolitan Contextual Effects on Homeownership Attainment Author: Seong Woo Lee Dissertation School: University of Southern California Pages: 234 Publication Date: January 1997 Availability: Access Number: 9960 Abstract: The objective of this study is to enhance the scope of homeownership models by incorporating two forms of housing quality (housing value and housing structure) from the perspectives of diverse homeownership models. These models are based on a theoretical concept of "housing demography" that explicitly studies household behavior with respect to housing unit characteristics. This study constructs three models of housing consumption by advancing the frontier of method and knowledge with respect to three fields: economics, geography, and demography. The present study examines the utility of the multi-family housing sector on housing consumption and tenure choice by contrasting the various individual an market characteristics of the single-family housing sector. The study utilizes the individual-level census data as fully as possible, to identify the different responses between the single-family housing occupiers and the multi-family housing occupiers during the 1980s. The present study demonstrates that specifying a measure of housing quality represented by housing structure has utility in the housing consumption or tenure choice model. The study argues that it is unrealistic in the housing consumption or tenure choice to assume that each household in the housing market has identical preferences. The study finds that the supply of multi-family housing units makes it easier/earlier for households to adjust their housing purchases to meet their changing housing needs, particularly for recent immigrants or minority households who cannot afford to consume high valued housing. What little empirical experience is available for multi-family housing study to date from the diverse social sciences indicates that the present study may provide a useful platform for further efforts contributing to the development of tenure choice and housing consumption studies for the diverse disciplines. The present study concludes that diverse policy requires state and local governments to develop a comprehensive housing affordability strategy, identifying a community's current and anticipated needs for affordable and supportive housing and outlining a strategy for addressing those needs. |
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