Oct 05, 2021

Question of the Day [Hispanic & Latinx Heritage Month]: A 2020 Hispanic Wealth Report found that Latinos are most likely to build wealth through: stocks, bonds, or real estate?

Answer: Real Estate

Questions:

  • Why is real estate typically a strong investment option?
  • What are ways an individual can work towards owning their own property?
  • How would owning an investment property outside of a primary residence be helpful for building wealth?
  • Although real estate can help build wealth, why is it still important to diversify investments?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

 

Behind the numbers (2020 Hispanic Wealth Report): 

"More likely to invest in real estate: Among HWP Survey respondents, despite a 16-percentage point homeownership gap between Latinos and non-Hispanic Whites, Latinos were 25 percent more likely to own real estate investment outside of their primary residence than non-Hispanic White households.

Extra money toward real estate: Latino HWP Survey respondents were more than twice as likely to report using extra money to invest in real estate (9 percent) than non-Hispanic White households (4 percent). This number increased to 29 percent among Latino households that own a business."

 

--------------

Learn more about credit and paying down debt from NGPF colleague, Yanely Espinal, showcased in A Guide to Credit for Hispanics & Latinos

----------------

Check out our new Fincap Friday focusing on entrepreneurship in the Latinx community - FinCap Friday: Entrepreneurship On The Rise

About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

Mail Icon

Subscribe to the blog

Get Question of the Day, FinCap Friday, and the latest updates from NGPF in your inbox by subscribing today: