This paper applies Census microdata from 1980 and 1990 to assess the determ
inants of housing tenure choice among racial and ethnic groups in the Los A
ngeles metropolitan area. Like previous research, our results indicate that
endowment differences (income, education, and immigrant status) largely ex
plain the homeownership gap between Latinos and whites. In contrast to prev
ious work, We find that Asians are as likely to choose homeownership as are
whites, and that status as an immigrant did not portend lower homeownershi
p rates among Asians. however, the endowment-adjusted homeownership choice
differential between whites and blacks remains sizable: furthermore. that g
ap more than doubled between 1980 and 1990, to a full 11 percentage points.
(C) 2000 Academic Press.