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Resilience Stories: After Her Father Was Deported, She Bought and Expanded His New Jersey Restaurant

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Morales was released after 17 days, given a second chance through the DACA policy ( Deferred Action for Childhood Arrivals ) as well as a green card petition filed by her mother, who gained legal status in 2004 after marrying a U.S. She left her job, withdrew every cent of her 401(k), and bought her father’s Peruvian restaurant, El Gordo.

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Rent vs. Buy: What’s the Right Decision for You?

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According to the National Association of Realtors 2021 Home Buyer and Seller Generational Trends Report, millennials made up 37% of buyers; 32% of buyers were baby boomers; and 24% were Gen Xers in 2020. People who bought a median priced home in January 2021 accumulated more than $50,000 in equity by January 2022, Evangelou says.

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