The Minority Homeownership Gap, Home Foreclosure, and Nativity: Evidence From Miami‐dade County*

This paper investigates the interplay between nativity and both homeownership and foreclosure in Miami‐Dade County, Florida at both the individual and community levels. We estimate the likelihood of individual‐level home ownership based on place of birth and year of entry to the U.S., and separately estimate community‐level foreclosures based on the demographic composition of neighborhoods. Results confirm previous work: all subgroups, except Cubans, are less likely to be homeowners than white, non‐Hispanics and only Cuban neighborhoods had foreclosure rates significantly lower than rates in white, non‐Hispanic neighborhoods. Nativity has a stronger effect on homeownership than on foreclosure levels.