Latino buying to shape future

“Latinos work hard, have money and spend it, and their vast buying power - close to $900 billion nationally this year - will shape the future of American society, including the housing market, panelists at a business forum said Thursday.

“This is a very hard-working community,” said Henry Cisneros, who chaired the program presented by the Tom s Rivera Policy Institute, a nonprofit research organization headquartered at USC. “No one surpasses the foreign-born Latinos when it comes to work ethic.”"

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