Statements about Housing
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."
Says New Jersey is "losing 50 football fields of open space to development every day and the more we develop upstream the more flooding we have downstream."
"Over the past 10 years, the number of people living in Lower Manhattan has nearly doubled. In fact, Lower Manhattan has added more people over the last 10 years than Atlanta, Dallas and Philadelphia combined."
"We [the city of Atlanta] are overbuilt on housing."
"When lenders foreclose on homes, they typically suffer losses that exceed 30 percent of the value of the home."
"Hair stylists are required to undergo more government scrutiny than foreclosure consultants."
Says the new Dodd-Frank financial law requires a 20 percent down payment to buy a house.
Housing prices dropped for the 30 months prior to Barack Obama taking office, "and they have stabilized, they've been about flat since the president came in."
"Almost 10 percent of Canadians came to visit Florida last year ... (Canadians) buy 7.4 percent of our homes in the state."
The city’s 30 percent set aside for affordable housing in urban renewal areas is calculated citywide -- not district by district
"Ninety percent of Texans say they do not want the nursing homes to close. It polls higher than anything else."
Since Corey Stewart became chairman in November 2006, unemployment is up 150% and average home price sales are down $150,000.
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