Sunday, August 26, 2012

Housing experts press Obama, Romney on plans to boost sector

Housing experts are urging the presidential candidates to talk more about how they would boost the struggling sector.
Neither President Obama nor Republican candidate Mitt Romney have made the housing market recovery a focus of their campaigns, leaving housing advocates puzzled.
David Crowe, chief economist with the National Association of Home Builders (NAHB), called the situation "unfortunate" saying he has been scratching his head about the lack of a running conversation about how to help bolster the improving sector.
"It's perplexing that the policymakers will say we can't have a recovery until housing recovers and then end the sentence at that point," Crowe told The Hill.
"You've got our attention but we don't hear anything," he said. "Neither side has offered anything of any substance."
Crowe said he is uncertain why both camps have essentially labeled the idea a hot potato with neither side taking the opportunity to lay out their solutions.
Anthony Sanders, a real estate professor at George Mason University, said he thinks Romney will start talking about the issue after the Republican convention, into the home stretch of the election.
"I think he will be more assertive," he said.

Read more: http://thehill.com/blogs/on-the-money/1091-housing/245481-housing-experts-press-obama-romney-on-plans-to-boost-sector

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