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
