President Barack Obama participates in an interview with Spencer Rascoff, CEO of Zillow, at the Hilton Woodland Hills/Los Angeles hotel in Woodland Hills, Calif., Aug. 7, 2013.
(Official White House Photo by Pete Souza)
Today in Los Angeles President Obama sat down with Zillow CEO Spencer Rascoff to answer questions about housing from Americans all over the country.
As President Obama explained yesterday in Phoenix, having the chance to own your home is a cornerstone of what it means to be middle class in America. And while our housing market is beginning to heal from the 2008 collapse – home prices are rising and sales are up – there’s still more work to do.
“We’ve got to give more hardworking Americans the chance to buy their first home. We have to help more responsible homeowners refinance their mortgages,” President Obama said. “And we’ve got to turn the page on this kind of bubble-and-bust mentality that helped to create this mess in the first place.”
Homeowners, renters and prospective buyers submitted questions via social media about issues like mortgage interest rates, access to refinancing, help for neighborhoods hit hard by the housing crisis, and President Obama’s plan for reforming the housing finance market. Watch the full interview, or jump to selected questions from the list below.
Fonte: White House