Between A Rock and A Hard Place: Asian Immigrants and Foreclosures in NYC
Asian immigrants in New York City continue to reel from the economic recession, particularly the aftermath of the housing market collapse.
Tag: Impact of recession on immigrant communities
Immigrant Neighborhoods in New York Continue to Reel From Mortgage Foreclosures and Job Losses
By Maibe Gonzalez Fuentes, FI2W contributor NEW YORK — Four years ago Jorge Guerrero, a 46-year-old Ecuadorian immigrant, realized his dream of buying a house. “They (real estate brokers) served everything on a silver tray for me,” Guerrero recalled in…