No Money More Problem$By Latino USA Jun 2, 2017
The obstacles to building wealth
In 2014, the wealth of white households was ten times that of Latino households. Why does the racial wealth gap continue to hold Latinos back economically? From going to college to making a will, Latino USA looks at how lack of knowledge and systemic inequalities are obstacles for building wealth. MacArthur-winner José Quiñonez talks about how to build credit in immigrant communities, and we dive into contracts for deed—often misleading property deals that trick black and Latino homebuyers into thinking they’ve bought a house, when instead they’ve signed up for years of expensive repairs.
Featured Image: Germán Torreblanca
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