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Old 06-22-2011, 12:27 PM
DrPhil DrPhil is offline
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Quote:
Originally Posted by PiKA2001 View Post
So blacks face foreclosure at a higher rate than non-blacks? I didn't know that. Where would one find these figures?
Well, I said "disproportionately." That is within the context of representation in the total population and among those who are purchasing houses. And I believe I was talking about a range of economic correlates and outcomes that disproportionately impact racial and ethnic minorities.

Example:
http://minnesotaindependent.com/6041...re-crisis-race

As for an overall "higher rate," example:

http://money.cnn.com/2010/06/18/news...sure/index.htm


Quote:
Originally Posted by PiKA2001 View Post
I posted this story a few months back. There is also a similar one circling FB about a family who haven't made a mortgage payment in almost 2 years. Must.Be.Nice. As a renter I think I could slide for about a month tops before my ass was living on the street. I'm sorry but since housing is typically ones highest expense, barring catastrophe I don't understand how one could not pay for housing and still be behind on credit card bills.
You have a generous leasing office.
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