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The crisis and Latino families

Author

Listed:
  • Janis Bowdler
  • Roberto Quercia
  • David Andrew Smith

Abstract

The financial crisis can be measured in many numerical ways. It can be measured by the 8 million homeowners delinquent on mortgage payments, the $7 trillion in lost household wealth, the 30 percent decline in house prices, the 15 million homeowners underwater, or the doubling of the unemployment rate. But there is another side to consider?the stories of families. With the effects on families in mind, the University of North Carolina?s Center for Community Capital and the National Council of La Raza partnered to study Latino families, interviewing members of 25 foreclosed families in Texas, Michigan, Florida, Georgia, and California.

Suggested Citation

  • Janis Bowdler & Roberto Quercia & David Andrew Smith, 2010. "The crisis and Latino families," Communities and Banking, Federal Reserve Bank of Boston, issue Fall, pages 3-5.
    • Handle: RePEc:fip:fedbcb:y:2010:i:fall:p:3-5
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    File URL: http://www.bostonfed.org/commdev/c&b/2010/fall/Bowdler_Latino_families_and_foreclosure_.pdf
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    Citations

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    Cited by:

    1. Janet Currie & Erdal Tekin, 2015. "Is There a Link between Foreclosure and Health?," American Economic Journal: Economic Policy, American Economic Association, vol. 7(1), pages 63-94, February.
    2. Derek T. Tharp & Martin Seay & Cherie Stueve & Somer Anderson, 2020. "Financial Satisfaction and Homeownership," Journal of Family and Economic Issues, Springer, vol. 41(2), pages 255-280, June.

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