Bloomberg/ BusinessWeek staffer Kathleen M. Howley explores a missing-in-action force in today’s new-home demand–immigrants.
Fewer Immigrants Chase Owner Dream
Spencer Platt
ANSONIA, CT - AUGUST 29: People look at a foreclosed home on August 29, 2010 in Ansonia, Connecticut. The home was one of numerous foreclosed homes on a bus tour organized by realtor Frank Hoinsky.Hoinsky has given over three of the tours which last for approximately three hours and stop at foreclosed homes in the lower Naugatuck Valley in Connecticut. As the American economy continues to struggle, housing prices are at an all-time low. Currently an estimated 1.65 million homes are in the foreclosure process in America. (Photo by Spencer Platt/Getty Images)
