Popis: |
Rising housing costs, in terms of both rent and ownership costs, have been posing challenges to the Canadian population in forming independent households and attaining homeownership, especially to immigrants who had lower homeownership rates since the 1980s. This paper investigates the impacts of housing affordability and the three elements of the housing pathways framework - economic resources, family composition, and cultural variations - on household formation and homeownership differences between the Canadian-born and five racialized immigrant groups. Using the Public Use Census data and the “double cohort” analytical approach, the study also assesses their housing progress from 2006 to 2016. The results demonstrate that housing affordability hinders immigrants from forming independent households, in particular owner households. Furthermore, the results show that even after controlling for a range of socioeconomic factors related to housing pathways, immigrants of different races have a stronger motivation to become homeowners than the Canadian-born. |