Compared with Nevada, Arizona politicians ignore housing crisis

By Mike Sunnucks

Phoenix Business Journal

Arizona and Nevada have been navigating the same economic storms, namely depressed housing values, continued foreclosures and tough job markets.

But the political climates in the two Southwestern states when it comes to housing and mortgage lenders couldn’t be more different.

The housing issue and help for underwater and struggling mortgage borrowers doesn’t register politically in Arizona.

The housing market has not come up in the U.S. Senate race between Richard Carmona and Jeff Flake, nor any of the state’s three competitive congressional contests.

The issue has not been a priority at the Republican-controlled Arizona Capitol other than the GOP’s controversial budget raid of $50 million that was part of a mortgage settlement between big banks and various states.

Continued: http://www.bizjournals.com/phoenix/blog/business/2012/10/compared-with-nevada-arizona.html?page=all

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.