“Those loans are scheduled to reset in 2009 and 2010,” Bowdler says. “Latinos were more likely to get these [types of] loans. We’re still expecting foreclosure rates to go up in the next couple of years.”
The Immigrant Experience
For years, the apartment industry has debated the extent to which the Hispanic immigrant demographic would influence its operations. This special investigation weaves together the realities and falsehoods inherent in this renter group—and the findings may surprise you.
18 MIN READ
Randy Pollak
