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首页> 外文期刊>Journal of Urban Economics >Racial gaps in the transition to first-time homeownership: The role of residential location
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Racial gaps in the transition to first-time homeownership: The role of residential location

机译：向首次购房者过渡中的种族差距：居住地点的作用

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摘要

Evidence suggests that African Americans wait longer to transition into first-time homeownership than white households with similar endowments. This paper relies on data from the Panel Study of Income Dynamics (PSID) to examine the contribution of residential location toward the black-white gap in first-time homeownership transitions. For a sample of young renters who first left their parents' home during the period 1978 through 1987, I estimate continuous time duration models that explain racial gaps in rental tenure durations prior to first-time homeownership as a function of individual, household, and location-specific covariates. I find that while several residential location characteristics, particularly those associated with the supply of affordable owner-occupied housing, impinge upon racial gaps in first-time homeownership transitions, most of the racial gap in homeownership transitions would be eliminated if blacks and whites had similar individual and household characteristics.
机译：有证据表明，与拥有类似end赋的白人家庭相比，非洲裔美国人等待过渡到首次购房的时间更长。本文依赖于收入动态面板研究（PSID）的数据来检验首次置业过渡中住宅位置对黑白差距的贡献。对于在1978年至1987年期间首次离开父母家的年轻租房者的样本，我估计了连续时间模型，这些模型可以解释首次拥有房屋之前的租赁期限的种族差距与个人，家庭和位置的关系。特定的协变量。我发现，虽然一些住宅区位特征，特别是那些与负担得起的自有住房供应有关的特征，会影响首次购房过渡中的种族差距，但如果黑人和白人具有相似的住房定位过渡中的大多数种族差距，就会消除个人和家庭特征。

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