Attention Presidential candidates: Hispanic voters want homeownership!
*Yeah, it’s not all about immigration (although attitudes about immigration reflect how politicos value Latinos). Latinos have many concerns and housing is but one. What do you consider the top Latino issues going into 2016? VL
By Gary Acosta, Housing Wire
In multiple surveys, Hispanics rank homeownership as the primary evidence of success and the ultimate realization of the American Dream. While the presidential election is more than a year away, the subject of housing has yet to be addressed by most of the candidates.
[pullquote][tweet_dis]Hispanics are motivated by economic opportunity; the reason why many are in this country in the first place, they’re will to work hard and their passion for homeownership is undisputed.[/tweet_dis][/pullquote]Between 2008 and 2012 Hispanic families lost nearly 1 million homes due to foreclosure.
This was largely due to predatory lending, high unemployment and falling home prices. Nonetheless, according to Fannie Mae’s recent national housing survey, Hispanic enthusiasm for homeownership continues to out index other demographics.
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[Photo by American Advisors Group/Flickr]
