Suchergebnisse

Presentation made at Latinos in the Heartland (11th : 2013 : Columbia, Mo.) and published in the annual conference proceedings. ; This paper focuses on how Hispanic home ownership and population growth has evolved in the Southern United States. The theme discussed is one of change and adjustment, looking closely at the 2010 U.S. Census, along with other resources, and how Hispanics have been adjusting into the local economy. The data also shows how Latino home ownership has influenced this outcome. It has been seen throughout the U.S. that the Language Hispanic population is growing quickly, but the two geographical areas that have seen the most immigration in recent decades have been in the West and South. With so much of U.S. population growth connected to the rise in the Hispanic immigrant population, it has become even more important for Hispanics to successfully navigate this socioeconomic and cultural environment. One of the quickest ways of doing this is through home ownership. This gives people the opportunity to settle down and create a community. One of the major obstacles for Hispanic immigrants who are building their communities and families in the U.S. is that work is often connected to seasonal agriculture or construction. These factors both vary in terms of stability and quality of available work. It is important to look into how the Hispanic population uses housing tenure towards building a stronger future for their families in the U.S. and abroad. Immigrant Hispanic population growth throughout the South has been some of the largest in the country. Home ownership rates have only slightly raised throughout this population boom. In recent months there has been an outcry from several states that feel that the immigrant population boom is negatively affecting their lives and that those who are living in these areas illegally need to leave. Many states have created anti-immigrant legislation that have left the immigrant Hispanic population concerned with discrimination, eviction or legal persecution. Some states have witnessed an exodus of immigrants which has affected some of the major commodities in agriculture and other businesses that traditionally employ immigrant laborers. As a result, houses have been foreclosed and immigrant families have left their homes in the middle of the night. Hispanics showed significant purchasing power in the U.S. and have become an example of an ethnic group specifically targeted with sub-prime lending, also known as the Foreclosure Generation. With so many different variables affecting the Hispanics in the South, how can we prepare the next generation of Hispanics to attain home ownership? First, there must be stronger trust in the financial institutions in order for people to readily seek their help and advice on consumer borrowing. We can use both universities and nonprofit organizations in order to disseminate knowledge about strong financial decisions, and how one decision can set them on the right path towards a better financial future. Through closer ties and better financial knowledge, the next Hispanic generation can move towards the path of reaching higher rates of home ownership, stability and wealth.