We examine the impact of neighbourhood ethnic diversity on homeownership using 19 waves of household panel data from the Household, Income and Labour Dynamics in Australia survey. We find that ethnic diversity is associated with a lower probability of homeownership. Specifically, a movement from complete ethnic homogeneity to complete heterogeneity is associated with up to a 31.3 percentage point decrease in the probability of homeownership. Our results also show that trust, neighbourhood satisfaction and belongingness, which are lower in ethnically diverse neighbourhoods, are important channels through which ethnic diversity operates to reduce the probability of homeownership. We suggest policies to promote trust in multicultural societies with high levels of ethnic diversity with a view to addressing the negative relationship between ethnic diversity and homeownership.

中文翻译：

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种族多样性和住房拥有率

我们使用澳大利亚家庭、收入和劳动力动态调查中的 19 波家庭面板数据来研究社区种族多样性对住房拥有率的影响。我们发现种族多样性与较低的住房拥有率相关。具体而言，从完全种族同质性到完全异质性的转变与拥有住房的概率最多下降 31.3 个百分点有关。我们的研究结果还表明，信任、邻里满意度和归属感在种族多元化的社区中较低，但却是种族多样性降低住房拥有率的重要渠道。我们建议制定政策，促进对具有高度种族多样性的多元文化社会的信任，以解决种族多样性与住房拥有率之间的负面关系。