Statements about Housing

Mitt Romney said we should let foreclosures "hit the bottom."

Says Jeff Brandes voted to allow state-run Citizens Property Insurance to dump policies onto "out-of-state, unregulated private companies."

President Obama’s health care law says "when you sell your house now you have to pay a 3.8 percent tax."

"Nearly 60% of all occupants of HUD properties in U.S. are illegals."

Says Obama broke his promise to help homeowners facing foreclosure.

Says  "I don’t agree with Mr. Hales that we should give a sweeping break to the developers to allow them to build that infill housing without paying for those very basics."

Says "Austin has the lowest property tax rate by far of the five major cities in Texas."

"There is not one single federal housing program yet that has not needed a bailout to survive."

Says "there are homes for sale on and around (Oswego Lake) right now for under $150,000 that anyone is welcome to buy."

"If you sell your house after 2012 you will pay a 3.8 percent sales tax on it."

"In 2006, I went out and authored a letter with 24 other senators asking for major reform of Freddie and Fannie, warning of a meltdown and a bubble in the housing market."

Florida's economy "became a bad economy ... because of a huge spike in oil prices in the summer of 2008."

"More than a quarter of mortgage borrowers are underwater, and 11 percent of all homes are vacant."

"Rhode Island is leading our nation in foreclosures."

Twenty percent of housing in Portland’s Pearl District is ‘affordable.’

"Today 46 percent of all Floridians owe more on their home than it is worth."

"The average homeowner spends more than $2,000 each year on energy costs – more than on either real estate taxes or homeowners insurance."

Says Mitt Romney’s housing policy is, "Don’t try and stop the foreclosure process. Let it run its course and hit the bottom."

"The collective net worth of Americans has taken a $5.5 trillion hit ... mainly due to plummeting home values."

Says "We do about 300 investigations a year into housing discrimination and in recent years have put about $150,000 of damages into the pockets of individuals who have been treated unfairly."

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