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Article: Daunting Problems Persist in Breaking Barriers to Hispanic Homeownership; Study Reveals Industry Making Positive, Good Faith Effort, Yet a Disconnect Remains Between Vision and Execution.
- Article from:
- PR Newswire
- Article date:
- September 14, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Sept. 14 /PRNewswire/ -- An 11-city focus group study conducted in traditional and emerging Hispanic regions found that while Latino consumers, like many Americans, want to own a home in a safe neighborhood and create intergenerational wealth for their children, current industry practices constitute barriers to them potentially doing so. The findings also revealed that unless certain institutional business practices are changed, the Hispanic homeownership rate (48 percent) will continue to lag significantly behind the population at large (68 percent) and the Latino consumer market may never be fully realized.
The focus group study was released today ...
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Article: Hispanic Homeownership Increases
AP Online;
April 24, 2002 ;
700+ words
... ... possibly because they are more assimilated to American culture, she said. Geographically, the largest gains in Hispanic homeownership were in immigrant gateway states with large Mexican populations like California, New Mexico and Texas, said ...
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