spin_dry Posted September 17, 2023 Share Posted September 17, 2023 National Hispanic Heritage Month (NHHM) has been celebrated across the country each year from September 15 to October 15 since 1988. What started out as Hispanic Heritage Week in 1968, evolved into NHHM under Ronald Regan’s presidency. This time is dedicated to honoring the histories, cultures, and contributions of the American Latino community! The celebration begins in the middle of the month rather than on the first of September because it coincides with the independence days of numerous Latin American countries: Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica all celebrate on September 15, followed by Mexico on September 16, Chile on September 18 and Belize on September 21. Dia de la Raza, which is a recognition of the mixed indigenous and European heritage, is celebrated on October 12. The rise of Hispanic homeownership It’s no secret that US Latinos hold a powerful economic force—collectively, they spent $1.84 trillion in 2020, making their economic output greater than the entire economies of Canada and South Korea.¹ In fact, Latinos earning more than $100,000 per year are growing more than any other group, and in the next five years, affluent Hispanic households are expected to grow 36% annually.¹ With this knowledge in mind, it only makes sense that Latinos are making great strides in the world of homeownership as well. We’re experiencing one of the most challenging housing markets in decades with high interest rates and low inventory. Despite these challenges, the Hispanic homeownership rate has grown at a steady rate consecutively for the past eight years.² In 2022, the Hispanic homeownership rate came in at 48.6%, with Latinos adding a total of 349,000 homeowner households to the US³—the largest single year gain over the last decade. And it’s predicted that future homeownership growth will continue to rely on Latinos: they are young, growing in population, and rapidly forming new households. Latinos are predicted to account for 70% of homeownership growth over the next 20 years, the only racial or ethnic group that will see an increased homeownership rate!⁴ Latinos as homebuyers and homeowners: Latinos have the largest near mortgage-ready population of any racial or ethnic group. About 33% of Latinos aged 45 and under have the credit characteristics to qualify for a mortgage.² Latinos trend younger as homeowners. About 70.6% Latinos who purchased a home with a mortgage in 2021 were under the age of 45, according to data from the Home Mortgage Disclosure Act (HMDA).² Since the Great Recession, Hispanic households have contributed nearly 25% of homeownership growth in the US.³ Almost half of top producing Latino real estate agents witnessed an increase in investment property acquisition by Latino homebuyers.³ One in five Latinos are enrolled in colleges or trade schools, and the median household income has increased nearly 50% in the last ten years.³ More than 30% of Latino households are multigenerational, per NAHREP’s report.³ Latinos tend to purchase where there is a matching market with appropriate affordability, in places like El Paso, Laredo, and Corpus Christie, TX, as well as places like Cleveland, OH, and Detroit, MI.³ 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 Hispanics are doing very well apparently..... pre -approved, paying full asking price and paying mostly cash for our 600k home. Still not sure if I'll retire.... seriously considering commuting the hour and 15 minute ride from my new place... Big difference from the 7-minute ride I have now. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 11 minutes ago, ViperGTS/Z1 said: Hispanics are doing very well apparently..... pre -approved, paying full asking price and paying mostly cash for our 600k home. Still not sure if I'll retire.... seriously considering commuting the hour and 15 minute ride from my new place... Big difference from the 7-minute ride I have now. Trump loses and you won’t have to retire they’ll put you in a mental home. 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 Just now, Skidooski said: Trump loses and you won’t have to retire they’ll put you in a mental home. Maybe 😏 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 51 minutes ago, spin_dry said: National Hispanic Heritage Month (NHHM) has been celebrated across the country each year from September 15 to October 15 since 1988. What started out as Hispanic Heritage Week in 1968, evolved into NHHM under Ronald Regan’s presidency. This time is dedicated to honoring the histories, cultures, and contributions of the American Latino community! The celebration begins in the middle of the month rather than on the first of September because it coincides with the independence days of numerous Latin American countries: Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica all celebrate on September 15, followed by Mexico on September 16, Chile on September 18 and Belize on September 21. Dia de la Raza, which is a recognition of the mixed indigenous and European heritage, is celebrated on October 12. The rise of Hispanic homeownership It’s no secret that US Latinos hold a powerful economic force—collectively, they spent $1.84 trillion in 2020, making their economic output greater than the entire economies of Canada and South Korea.¹ In fact, Latinos earning more than $100,000 per year are growing more than any other group, and in the next five years, affluent Hispanic households are expected to grow 36% annually.¹ With this knowledge in mind, it only makes sense that Latinos are making great strides in the world of homeownership as well. We’re experiencing one of the most challenging housing markets in decades with high interest rates and low inventory. Despite these challenges, the Hispanic homeownership rate has grown at a steady rate consecutively for the past eight years.² In 2022, the Hispanic homeownership rate came in at 48.6%, with Latinos adding a total of 349,000 homeowner households to the US³—the largest single year gain over the last decade. And it’s predicted that future homeownership growth will continue to rely on Latinos: they are young, growing in population, and rapidly forming new households. Latinos are predicted to account for 70% of homeownership growth over the next 20 years, the only racial or ethnic group that will see an increased homeownership rate!⁴ Latinos as homebuyers and homeowners: Latinos have the largest near mortgage-ready population of any racial or ethnic group. About 33% of Latinos aged 45 and under have the credit characteristics to qualify for a mortgage.² Latinos trend younger as homeowners. About 70.6% Latinos who purchased a home with a mortgage in 2021 were under the age of 45, according to data from the Home Mortgage Disclosure Act (HMDA).² Since the Great Recession, Hispanic households have contributed nearly 25% of homeownership growth in the US.³ Almost half of top producing Latino real estate agents witnessed an increase in investment property acquisition by Latino homebuyers.³ One in five Latinos are enrolled in colleges or trade schools, and the median household income has increased nearly 50% in the last ten years.³ More than 30% of Latino households are multigenerational, per NAHREP’s report.³ Latinos tend to purchase where there is a matching market with appropriate affordability, in places like El Paso, Laredo, and Corpus Christie, TX, as well as places like Cleveland, OH, and Detroit, MI.³ How is this possible if things are so bad under Biden for guys like Pete, Snake and Viper? Quote Link to comment Share on other sites More sharing options...
Pete Posted September 17, 2023 Share Posted September 17, 2023 18 minutes ago, Steve753 said: How is this possible if things are so bad under Biden for guys like Pete, Snake and Viper? Ive asked you 3 times now. Is your life better under Biden? Yes or no Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 3 minutes ago, Pete said: Ive asked you 3 times now. Is your life better under Biden? Yes or no It's the same. Quote Link to comment Share on other sites More sharing options...
Pete Posted September 17, 2023 Share Posted September 17, 2023 6 minutes ago, Steve753 said: It's the same. So you got no problem paying a lot more for things now than 3 years ago.. All due to the war on oil that started in January 2021. Fucking shill.. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 Just now, Pete said: So you got no problem paying a lot more for things now than 3 years ago.. All due to the war on oil that started in January 2021. Fucking shill.. Paying more for things started under Trump because of covid. Had Trump won it would've been the same. The world is going toward EVs and the oil companies are making bank while they can. Anyone with an IQ over 80 knows this. Quote Link to comment Share on other sites More sharing options...
Pete Posted September 17, 2023 Share Posted September 17, 2023 1 minute ago, Steve753 said: Paying more for things started under Trump because of covid. Had Trump won it would've been the same. The world is going toward EVs and the oil companies are making bank while they can. Anyone with an IQ over 80 knows this. Keep making excuses shill Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 Just now, Pete said: Keep making excuses shill Quote Link to comment Share on other sites More sharing options...
Voodoo Posted September 17, 2023 Share Posted September 17, 2023 1 hour ago, Steve753 said: How is this possible if things are so bad under Biden for guys like Pete, Snake and Viper? It's called perseverance. I've succeed under our dope only by working longer hours and spending less. Lord help those that don't have that option, Quote Link to comment Share on other sites More sharing options...
Rod Posted September 17, 2023 Share Posted September 17, 2023 Hispanics are a very traditional family unit and hate the gay shit. This is good news for R’s 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 1 minute ago, ACE said: Hispanics are a very traditional family unit and hate the gay shit. This is good news for R’s Poll: LGBTQ-identification is higher among Latinos than other groups https://www.axios.com/2022/03/15/latinos-lgbt-poll-gen-z Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted September 17, 2023 Share Posted September 17, 2023 10 minutes ago, ACE said: Hispanics are a very traditional family unit and hate the gay shit. This is good news for R’s Yes. Opinion: Why Latinos are turning to the Republican Party | CNN Hispanic and minority voters are increasingly shifting to the Republican party : NPR Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 17, 2023 Author Share Posted September 17, 2023 1 hour ago, Steve753 said: Paying more for things started under Trump because of covid. Had Trump won it would've been the same. The world is going toward EVs and the oil companies are making bank while they can. Anyone with an IQ over 80 knows this. The second a GOP’er is elected president the bitching will immediately stop and expendable income will increase 35%. 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 12 minutes ago, DriftBusta said: Yes. Opinion: Why Latinos are turning to the Republican Party | CNN Hispanic and minority voters are increasingly shifting to the Republican party : NPR In the 2020 election, Donald Trump won 38% of the Latino vote 62% is higher than 38% Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted September 17, 2023 Share Posted September 17, 2023 2 minutes ago, Steve753 said: In the 2020 election, Donald Trump won 38% of the Latino vote 62% is higher than 38% You're quite a numbers guy. I wasn't talking to you though. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 35 minutes ago, DriftBusta said: You're quite a numbers guy. I wasn't talking to you though. I am too. I can count to 20 , 21 if it's not too cold. 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted September 17, 2023 Platinum Contributing Member Share Posted September 17, 2023 2 hours ago, Pete said: So you got no problem paying a lot more for things now than 3 years ago.. All due to the war on oil that started in January 2021. Fucking shill.. Pffft ....he is loaded with F U money. Doesn't bat an eye when things in the grocery store are up 70%. That only affects the peons. 1 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted September 17, 2023 Share Posted September 17, 2023 Thats Vantastic. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 18, 2023 Author Share Posted September 18, 2023 6 hours ago, ArcticCrusher said: Thats Vantastic. more than you know. 4 1 Quote Link to comment Share on other sites More sharing options...
Pete Posted September 18, 2023 Share Posted September 18, 2023 11 hours ago, ViperGTS/Z1 said: Pffft ....he is loaded with F U money. Doesn't bat an eye when things in the grocery store are up 70%. That only affects the peons. Exactly Acts just like a NE lib snob.. the fake Indian and MC level.. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Steve753 Posted September 18, 2023 Platinum Contributing Member Share Posted September 18, 2023 2 hours ago, Pete said: Exactly Acts just like a NE lib snob.. the fake Indian and MC level.. I'm not sure if that's a compliment or not but, you're probably miserable no matter who is potus. Quote Link to comment Share on other sites More sharing options...
Pete Posted September 18, 2023 Share Posted September 18, 2023 8 minutes ago, Steve753 said: I'm not sure if that's a compliment or not but, you're probably miserable no matter who is potus. And you’re a well know TDS fuck.. No matter what Quote Link to comment Share on other sites More sharing options...
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