000 01114pab a2200193 454500
008 180718b2004 xxu||||| |||| 00| 0 eng d
100 _aBoehm, Thomas P.
245 _aThe dynamics of race, income, and homeownership
260 _c2004
300 _ap.113-30.
362 _aJan
520 _aThis paper treats household decisions regarding homeownership as a dynamic process rather than a static phenomenon. The analysis employs a duration model of the sequential housing choices made by families to examine the adjustment of their housing tenure over time. This model of housing choice is estimated for the nine-year period 1984-1992 utilizing the Panel Study of Income Dynamics (PSID). Particularly for lower income and minority families, the analysis finds that these households achieve homeownership more slowly, they are less likely to maintain this status, and they are less able to move up to "better" units over time. - Reproduced.
650 _aIncome
650 _aEthnic groups
650 _aHousing
700 _aSchlottmann, Alan M.
773 _aJournal of Urban Economics
909 _a59546
999 _c59546
_d59546