making them an international working place. The rapid growth of the
Internet has made the international market accessible to millions
of consumers. A look at recent changes in homeownership rates
illustrates this. Minority homeownership jumped by 4.4 million
during the 1990s, reaching 12.5 million in 2000, according to the
Fannie Mae Foundation. Foreign direct investment in U.S. real
estate has increased sharply from $38 billion in 1997 more than
$50 billion in 2002 according to Census data.
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