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Latin Times
Latin Times
Business
Alicia Civita

Hispanic Homeownership Slips For First Time In A Decade As New Plan Aims To Halve Wealth Gap

The Hispanic homeownership rate fell in 2024 for the first time in ten years, even as the total number of Latino homeowners rose and a new plan set a bold target to narrow the wealth divide. The findings come from the Hispanic Wealth Project's latest State of Hispanic Wealth Report, which outlines a 10-year strategy to cut the proportional wealth gap between Hispanic and non-Hispanic White households by 50 percent by 2034.

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