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Majority of Hispanic Americans own a home as incomes rise ...Middle East
By Alex Tanzi | Bloomberg A majority of Hispanic Americans now own a home, a milestone that was reached in part thanks to demographics and income growth. The ownership rate among the group rose 4 percentage points in 10 years, topping 50%, according to a report by the National Association of Realtors. It means almost 3 million more Hispanics owned a home in 2021 than in 2011. The rate for Hispanics remains well below the national average of 65.5% — and that of White Americans, at 72.7%. Owning a home is a major factor of building wealth over a lifetime. Lower ownership rates among minorities, who often face racial disparities in the mortgage market, has been source of widening inequalities f
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