DOWNEY - Caroline Gim of Downey-based Expert Real Estate & Investment was part of a recent delegation that met with 70 members of Congress and Senate to discuss local market concerns and homeownership issues facing the Asian American and Pacific Islander community.The meeting was part of National Policy Day in Washington, D.C., hosted by the Asian Real Estate Association of America (AREAA). The annual event links real estate industry leaders from across the country with policymakers. Gim serves on AREAA's national public policy committee. "If you are unhappy with the way things are, it is up to you to create change," Gim said. "Talk to your elected officials. Let them know how their constituents are directly affected by their actions (or inaction). These men and women were elected to represent and serve the local community. They work for you and will make time if you ask them." Delegates presented and discussed AREAA's three-point policy plan with legislators. The plan focuses on immigration reform, in-language support for struggling homeowners, and redefining a "qualified residential mortgage" so that many homebuyers will not be locked out of purchasing a home when the new Consumer Financial Protection Bureau rules go into effect in January 2014.
********** Published: June 13, 2013 - Volume 12 - Issue 09