Date created: | Last Updated:

Category: Project

Description: Homeownership is a central aspect of social stratification and is shaped by generational status. Using pooled data from the Current Population Survey, I show that generational homeownership inequality changed substantially between 1995 and 2019. Three trends emerge, growth between 1995 and 2005, decline from 2000 to 2015, and post-recession recovery between 2015 and 2019. Findings show that, between 1995 and 2019, homeownership remained stable among the 3rd+ generation, decreased among the second generation and persons with one native-born parent, and increased substantially among immigrants. These changes resulted in a new inequality structure that is more distributed than before. I contextualize these findings based on recent research on wealth, discrimination, and immigration.