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Tuesday, February 08, 2011

Home Ownership Dream Dwindling For Minorities

WASHINGTON - It's the American dream to own a home, but it looks like that dream is dwindling -- especially for certain populations.
 
Home ownership rates are down across the board, but newly released U.S. Census data analyzed by The Greenlining Institute shows rates for Hispanics and African-Americans have dropped more severely.
 
Home ownership rates for whites was around 74 percent from 2002 to 2010.
 
But rates for African-Americans were down to 44 percent, and rates for Latinos were at 46 percent.

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1 comment:

Chastity K said...

Why do they have to break everything down into race/cultural groups? Home ownership is not a right.