According to housingwire, the Oklahoma County Property Assessor records indicate leading progressive Democrat Elizabeth Warren allegedly took advantage of a housing market transaction that many do and have done, and one she purportedly condemns—flipping houses. She purchased a home for $30,000 in Oklahoma City in he early 1990s, and five months later sold it for a $115,000 profit.
MHPronews has learned from nationalreview that the heirs of the woman who sold Warren the house now question why the price was so low. Nevertheless, Warren later bought and sold four additional houses in OK and sold them for a profit.
Much later she helped craft the Consumer Financial Protection Bureau (CFPB) to protect the little guy from the barons of banking and predatory lending, and would now likely condemn house flipping. Her 2014 memoir, A Fighting Chance, documents her rise from humble beginnings to Assistant to the President and Special Advisor to the Secretary of the Treasurer for the CFPB.
She also voted against The Preserving Access to Manufactured Housing Act as a member of the Senate Banking Committee. ##
(Photo credit: Wikipedia commons-Sen. Elizabeth Warren)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.