Blacks and Latinos Risk Losing Most, New Study Says
El Diario La Prensa, Posted: Nov 18, 2009
NEW YORK—Job and housing losses make up only the first wave of an economic tsunami that is disproportionately affecting African Americans and Latinos, reports El Diario La Prensa.
The report is based on a study by University of California, Los Angeles Professor Raul Hinojosa Ojeda, commissioned by the William C. Velasquez Institute, a nonpartisan think tank studying Latino issues. Hinojosa’s study suggests that if the federal government does not take steps to combat the current crisis, foreclosures will continue hitting backs and Latinos.
Hinojosa explained that New York’s Latino community is especially at risk because they comprise 22% of the population, but make up 58% of housing evictions.
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