Steve Sailer, VDARE, February 15, 2015

I may have pointed out once or twice that the disastrous home price bubble of a decade ago was closely intertwined, via numerous causal pathways, with decades of Hispanic immigration and diversity ideology. Here’s a new graph from a report by Zillow on different ethnic neighborhoods that makes my point for me: The green line represents the median home value in Hispanic neighborhoods and the blue line white neighborhoods across the country. The green line soared out of control before dropping 46.3% (and still being down 24.2%).

It’s widely assumed that the Hispanic Tidal Wave we are always hearing about regarding elections couldn’t possibly have had any impact on home prices because Hispanics are so few in number and so poor, but during the bubble, the median home prices in Hispanic neighborhoods was higher than in white neighborhoods, nationally. Here’s median home values in thousands of dollars:

You can see the on-going Chinese Money Laundering boom in the purple (Asian) line.

You can look up your own metropolis on Zillow’s handy page.

Here’s the enormous Los Angeles metropolitan area indexed to 2000=100. Versus their peak, white neighborhoods in Greater L.A are currently down 1.6% in median home price, while Hispanic and black neighborhoods are still down over 20%:

For example, from the Boston Globe, here’s a report on Boston: