“Adelizzi said his concern was not for the health of the mortgage market, but for the people who have gotten caught up in foreclosures. The market eventually will correct itself, he said, “but we want to see it happen in a way that causes the least amount of pain.””
Ah yes, well why don’t you fund that yourself Adelizzi??? Or maybe the SD Pension Fund can buy those foreclosures as an investment in the city itself right?? Oh yeah, forgot about Ameranth.