move forward. even though if the smaller bill for the infrastructure bill, there is about everything that i would support or. wang but i agree that i would support that. we have to have investment in child care, the child tax credit, climate, we have to address the housing climate. and you know this is so important because so many women, for example, are out of work and they can get back to work, they can t afford childcare. so i believe that the president is showing extraordinary leadership by meeting with all of us, and trying to figure out how to get to total unity within our caucus. and i believe we ve looked at and talked about where we could reach common ground right now, and there are some areas. and we looked at the path forward. and finally i just have to say, i do think we need a little bit more time. because i believe that we can be unified and democrats and come out with two bills which we agreed upon, that would
in the capitol hill. congressman keith ellison, good to have you on this morning, thanks for your time. yes, thank you. the sting of the housing collapse that burdened so many homeowners is being felt across this country by renters. nationally, rents are expected to rise 5% through this year and another 5% during 2012. this is because construction on new rentals has been cut in half in recent years. tightening supply and forcing increased competition for housing among renters and former homeowners. the cities that are hit the hardest by the housing crunch include new york, boston, and san francisco. i m joined by forbes staff writer morgan brennan who will walk us through this. the best cities, though, for renters in this volatile housing climate, tell us why these cities are the ones that we should be watching out for, absorbing the housing collapse better than the other cities i mentioned. well, thanks so much for having me. yes, as you mentioned, we re seeing a flood of amer
that is the attorney general s decision in that state, be it delaware, texas, maryland, ohio, connecticut, florida, north carolina, iowa, illinois, and others. foreclosures are in states courts, bill, because it s a function of local state real estate law. they are not in federal courts. the congress is do nothing about this. bill: okay, but if you re on the bench, do you give any consideration to the housing climate, to the economy, and what can happen if you sell it for two months stall it for two months, or beyond? if you re on the bench you re force that they pay the mortgage, and you sign an order, deeming the house over to the bank so they can sell it and recoup their loan. if the bank can t prove they own the mortgage, you journ the case until the bank comes back with the right paperwork, but you don t stop the bank from attempting to get back its money. if that happens, across the board, the banks will lose a fortune. bill: some of these foreclosures will be halted for s