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.
Asian immigrants in New York City continue to reel from the economic recession, particularly the aftermath of the housing market collapse.
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…