The relationship between Hispanic residential location and homeownership
For many families, homeownership is a foundation for
financial asset building and future wealth accumulation.
Increased homeownership has been linked to
improved property maintenance, higher property values,
greater community involvement, and enhanced
neighborhood stability (Glaeser and Shapiro, 2002;
Rohe and Stewart, 1996; and Cox, 1982). The opportunity
for homeownership, therefore, contributes to a
community’s overall economic stability and growth.
