National Real Estate Post

Maxine Waters Admits Flood Act Blunder

Congresswoman Maxine Waters, D-CA, said that when she co-authored the Bigger-Waters Act, neither democrats nor republicans envisioned it would reap the kind of harm and heartache that may result from this law going into. The bill is creating dead spots of real estate where people can't afford it now, can't improve it, can't sell it and won't buy it.

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