No, I don't think any private entity would--I'm sorry. May I answer the question? That's why we want to give money to the cities so they can tear it down, because otherwise they'll be stuck with it. I don't think any private investor would put money in that. There's no other way to deal with it, and the way to deal with it is to give them the money so they can tear it down. {time} 1450
Share
More from Barney Frank
For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
People around the world have learned they can claim asylum and remain in the U.S. indefinitely to pursue their claims.
Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
Other voices in this conversation
