Search Results
Title: Race Differences in Middle Class Lifestyle: The Role of Home Ownership
Resulting in 1 citation.
| 1. |
Henretta, John C. |
|
Race Differences in Middle Class Lifestyle: The Role of Home Ownership Social Science Research 8,1 (March 1979): 63-78. Also: http://www.sciencedirect.com/science/article/pii/0049089X79900140 Cohort(s): Older Men Publisher: Academic Press, Inc. Keyword(s): Earnings; Educational Attainment; Family Resources; Socioeconomic Status (SES) Race differences in "middle class" lifestyle are examined by home ownership and net worth. The major findings are: (1) whites at any earnings level are very likely to own homes by ages 50-64; however, only at relatively high earning levels do blacks begin to approach the home ownership rates of whites; (2) the net worth of blacks is substantially lower than that of whites after adjusting for variables in a standard status attainment model; and (3) the race difference, as well as other variables effects, is much smaller for home owners than for renters. The reason for this is probably forced saving through home ownership. |
|
|
Bibliography Citation
Henretta, John C. "Race Differences in Middle Class Lifestyle: The Role of Home Ownership." Social Science Research 8,1 (March 1979): 63-78.
|