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View Diary: Romney’s housing plan: 'Allow investors to buy up homes' by accelerating foreclosure process (150 comments)

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  •  What do investors know about home renos or... (2+ / 0-)
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    happymisanthropy, Tracker

    These investors caused the housing bubble and morgage problems that have put us into this problem and crashed the (arguably) global economy.  What makes Romney think they know anything more about renting homes than selling them?  

    What makes Romney think that the people who made houses unsustainable by encouraging bad loans and then profiting off of defaults would be any better for the renting market?  Why wouldn't they just become slumlords doing little to no maintenance on the houses and/or renting at outrageous rates that drive people into poverty.

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