I thought that the following quote in the LA Times was one of the most responsible statements regarding housing that we have ever seen:
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….That man was typified by Romney’s response little more than a year ago when he was asked by the Las Vegas Review-Journal about another housing issue: What he would do about the foreclosure crisis that was costing thousands of Nevadans their homes?
“Let it run its course and hit the bottom,” Romney said. “Allow investors to buy homes, put renters in them, fix the homes up, and let it turn around and come back up.”
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