Latinos & Homeownership: Could Cultural Spending Habits Keep US Hispanics From Owning Homes?
By Nicole Akoukou Thompson The thriving U.S. Latino population is earning more and gaining influences amid the mainstream, but home ownership for the community has dipped. Could this be due to cultural spending habits and an aversion to acquiring credit? There are 54 million Hispanics/Latinos in the U.S., constituting 17 percent of the nation’s total…