Did You Know? For every $1 that white American families save, a black or Latino family, on average, is only able to set aside 18 cents. The mortgage meltdown is having a devastating effect all across, but especially for people of color. It might strip as much as $213 billion in assets from black and Latino households, according to a recent study by the nonprofit group United for a Fair Economy.

Posted on: June 2nd, 2008
Filed Under: [ Business ] [ Did You Know? ] [ Real Estate ] [ Blogante Business ] [ Blogante Essentials ]
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From: http://www.courant.com
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