President Obama says the biggest drag on the economy now is the housing market. The housing market took a turn for the worse five years ago and we are still dealing with a down market.
Obama was asked this question by a man from Williamsburgh...
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As president what can you do to relax the policies that are disqualifying qualified home buyers from owning their first home? How can you assure the low to moderate home buyers that they will have the opportunity to own their first home?
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Obama said all of the things that we don't want to do which would result in a repeat od a collapsed market. But what he didn't say was exactly what could, should and would be done to make it right now. Go figure!