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For generations homeownership has played a crucial role in achieving the American Dream. This Census Brief analyzes homeownership among the U.S. foreign-born population to determine if immigrants, whose numbers have increased steadily over the last 26 years, have been as successful as the native-born in achieving homeownership.
Based on data collected in the monthly Current Population Survey, this first-ever Census Bureau report on homeownership by the U.S. foreign-born population may hold important implications for many segments of the American economy that are driven by home sales.
In fact, given the relatively small size of today’s native-born young adult population compared to the preceding Baby Boom generation, immigrants may constitute an increasingly larger part of the future demand for housing.
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