Impact of the housing market on elections

Road to the White House

California led the nation in foreclosures this July, with over 56,000 homes going into foreclosure. While this number is down 16% from last year, it remains high. In fact, filings in the state of California represented over 25% of new filings.

Richard K. Green, Director of the USC Lusk Center for Real Estate, gives an in-depth look at the housing market and the fiscal issues that may affect the elections both state and nationwide.