Chart of the Day: Hispanics Got Hurt the Worst By the Housing Bubble


Via Lydia DePillis, this chart comes from a new report by Zillow and the Urban Institute. It shows that housing in Hispanic communities rose more during the housing bubble and crashed farther than housing in white, black, or Asian communities. Why? The report makes a brief nod toward the varying geographical locations of these communities, and maybe that’s the answer. But it sure seems like that doesn’t quite explain things, and I have no idea what might be behind it. Anyone have any guesses?

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We just keep seeing it happen: Newsrooms owned by billionaires and corporations are spinning their own narratives, overwriting the truth, following only stories that keep them in the pocket of those with even more power.

Not here. We’re not owned by anyone. We’re not part of any cult that demands our allegiance to a bottom line. We’ve spoken up and spoken out while other newsrooms changed their stories—or cut them altogether—to keep the C suite happy.

Our mission is to find the truth and amplify it. That’s why we’re independent, nonprofit, and, crucially, funded by readers. The investigations on our website will always be free to read, watch, and listen to, but our newsroom is powered by readers who pitch in what they can so we can keep asking the hard questions.

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