1. Blacks and Hispanics Hit Hardest by Recession
... suffered the most from the recession, like California, Nevada, and Florida (The Huffington Post). These areas received the brunt of the suffering because their house values dropped drastically (Chung). "Nearly two-thirds of Hispanic household wealth in 2005 was derived from owned homes," revealed one report. Naturally, the drop in the housing market affected Latinos greatly (Costa). Rakesh Kochhar, Associate Director ... ...
- Word Count: 551
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate