Detailed text transcripts for TV channel - FOXNEWS - 20120101:21:23:00
African-american or tend to be ethic minorities. >> gregg: what strikes me that would be bad, banks and companies, all of a sudden, let's buy up all the surplus foreclosed homes and we're going to dump them on the marketplace just to make, i don't know, 20 cents on the dollar. wouldn't that really hurt neighborhoods and devalue itself a are still owned by individuals? >> i did some research. one sale of one foreclosed home in a neighborhood can bring the property values so much that it would be almost impossible to sell some of the other homes for anything. you couldn't get close to your money...