perfect and there was more that needed to be done but he said that every year that the conservatives were in power, they had built more houses than labour did in its previous administrations and we will have to go and fact check that but thatis have to go and fact check that but that is the claim from michael gove this morning and also, finally, on levelling up, i put to him that people from the red wall that did very well under boris johnson s people from the red wall that did very well under borisjohnson s of look for money for northern communities in particular, they would have really noticed a difference and will they really put conservative? and he said that real money had gone into these communities and more can be done but they won t need a conservative government to do that. the liberal democrats are talking about the country s roads today with a promise to invest £300 million in the next parliament to fill 1.2 million pot holes a year. the party says money from the
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thank you very much. meanwhile, a brand new twist in the foreclosure crisis sending shockwaves through the financial system. in richmond, california, they want to seize houses worth less than their current mortgage using eminent domain where necessary and then refinance the homes for less than their current value. is that legal? stewart, is that the correct use of eminent domain? in my opinion, no. this is a vast extension of government power. let me repeat how it works. the city of richmond seizes privately held mortgages. about 620 of them. it cuts those mortgages, cuts the amount that s owed, and then resells those mortgages to other investors. the homeowners get lower short ganlg payments. arguably the neighborhoods win because there are fewer abandoned homes. but the losers here are those people who own those mortgages.