This item supports the point :
RickyD from Brooklyn made earlier – that the subprime crisis is impacting significantly on the African American community.

AFP reports:

“People of color are more than three times more likely to have subprime loans,” concluded the organization United for a Fair Economy in a recent report which estimated that minorities have seen between 163 billion and 278 billion dollars of their equity go up in smoke since 2000.

Pretty terrible.

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