Thread: Industry focuses on the Latino market

Industry focuses on the Latino market

Builders fear low homeownership rate
By Lori Weisberg
UNION-TRIBUNE STAFF WRITER

The lagging homeownership rate among the Latino population bodes ill for the future, when Hispanics will become the dominant ethnic group in California, warn California home builders.

A survey conducted for the California Building Industry Association highlights the importance of homeownership among Hispanics but also acknowledges the cost barriers they face in trying to own a home.

Within the next 30 years, state demographers project that Latinos will account for 80 percent of California's total population growth.

[b]“We know that Latinos are underserved and we feel that will be a problem in the future,â€

So illegals are suppose to be given citizenship and a specially financed home, in California no less......that's what it amounts to.

What's my vote worth?

No government can help the destinies of people who insist in putting sectional and class consciousness ahead of general weal.
Franklin D. Roosevelt

Right now where I am the low-end housing market tanked last year. Yes, they were selling to illegals, and got busted by the CBI. There are so many empty, bank-owned homes, and more subdivisions being built that I think they'd sell to Osama just to get a unit off their books. And, some of our subdivisions are so far out on the plains or up in the mountains that he'd be more comfortable and better hidden if he'd move to Colorado. And I'll bet some broker would finance him a deal to do it.