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Political Factoid
Many conservative politicians are
not interested in solving the
financial and housing market
problems at this time.
- They actually want there to be
more home foreclosures.
- They believe they need to
force people out of "more-house-
than-they-can-afford" and into
more affordable homes or apartments.
- Cheap acquisition of real estate is an
opportunity for large companies
(e.g., banks) sitting on lots of cash.
- Apartment owners tend to be more
affluent and vote more conservative.
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