Sep 25, 2018
4 min read
The Financial Crisis Hit Black & Hispanic Households the Hardest
The 2008 housing crisis, nearly took down the entire U.S financial system and global economy. Millions of families were impacted across the United States but the most dramatic impact was felt by black and Hispanic families. A report from the St.Louis Federal Reserve attributes this to two key factors
- Homeowners equity (what your house is worth minus your…
