Home ownership represents much more than shelter; home ownership is also indicative of an individual’s or a group’s social and economic standing. Racial and ethnic differences have been observed not only in home ownership but also in housing values. The present study examines the extent to which differences in housing values between Asians, blacks, Hispanics and whites, and among black ethnic groups, can be attributed to race and ethnicity or to other sociological factors such as age, gender, marital status, region, occupational score, nativity, year of immigration and English proficiency. Changes in the determinants of housing values between 1970 and 2000 are assessed over time as well as changes in the level of inequality on housing values between whites and non‐whites. The findings reveal that the housing gap between whites and non‐whites over the past few decades has actually grown over time. As home values make up the largest component of the average American’s portfolio, these findings may be significant in understanding and explaining the persistence of the racial wealth gap in America.
Blog Archives
Black asset ownership: Does ethnicity matter?
Research has shown that blacks are relatively disadvantaged when compared with whites on a host of sociological indicators including on income, education and occupational status. Recent research has shown blacks are not all equally disadvantaged. In some cases such as in the case of blacks in Queens County, New York, blacks surpass whites in terms of median income, especially foreign-born blacks. Yet, blacks fare worse when compared with whites on indicators of asset ownership. Despite that, some black ethnic groups including those with roots in the Caribbean or from Africa have been shown to have higher rates of home ownership and higher housing values than African-Americans. However, few studies include measures of asset ownership beyond these indicators when assessing the extent to which ethnicity matters for blacks. The present study examines the following research questions: (1) What factors explain variations in the likelihood of ownership and the levels of interest, dividends and rental income owned for blacks? (2) Is ethnicity a significant predictor for black respondents? (3) Does education and occupation matter more for some black ethnic groups than for others? The findings reveal that ethnicity plays a significant role in the acquisition and accumulation of interest, dividends and rental income, but it does not account for all of the variations observed for blacks. The findings shed further light on the complexities associated with understanding wealth inequality and racial and ethnic group variations.
Sandwiched between Patronage and Bureaucracy: The Plight of Citizen Participation in Community-based Housing Organisations in the US
This article examines how directors of community-based housing organizations (CBHOs) in the US define the role of citizen participation in their organisations.
The Influence of Nonprofit Networks on Local Affordable Housing Funding
This article examines public administrators’ perceptions on the effects of non-profit networks on local affordable housing activities of community-based organizations (CBSs).
CBOs and Affordable Housing
Since the late 1960s, community based organizations (CBSs) have become increasingly responsible for implementing affordable housing policy. Scholars have referred to this process ass the non-profitization and devolution.
Mortgage Lending Disparities in Metropolitan Buffalo: Implications for Community Reinvestment Policy
This article examines patterns of mortgage lending in metropolitan Buffalo, New York.
The role of citizen participation and action research principles in Main Street revitalization
This article examines the use of citizen participation techniques during the planning process for neighborhood revitalization in the Village of Depew which is an industrial suburb of Buffalo, New York. The article focuses on how research principles can inform and enhance traditional approaches to citizen participation.
The Hidden Face of Racism
Solving the Dewey Problem: Where Do We Go From Here?
The purpose of this essay is to contribute to the development of the Penn Thesis by identifying the major challenges that must be overcome to advance Dewey’s goal of transforming the United States into a socially just, participatory, democratic society.
Report on the Brownfield Opportunity Area Mini‐ Course
This publication reports on the completion of a Brownfield Mini-Course that was to created to solidify a common knowledge base and language on brownfield development between neighborhood residents and stakeholders and City Officials and the project consultant team and to provide residents with deeper insight into brownfield development so that might participate at a higher level in community visioning and planning sessions.