Will Latinos Drive the Housing Recovery?

More than any other demographic, Latino homeowners were slammed by the mortgage crisis: Two-thirds of total Hispanic wealth in the U.S. evaporated from 2005 to 2009. But as the fastest growing demographic in the nation, they are also well positioned to power the housing rebound.

Great Recession Created a Historic Racial Wealth Gap

The twin demons of the housing market crash and the Great Recession have created historic wealth gaps among racial groups in America: The median wealth of white households is 20 times that of black households, and 18 times that of Hispanic households. The main culprit in minority wealth loss? The housing bust.