By Christina Wlkie - 03/09/10 12:57 AM EST
The chairman of the House Financial Services Committee wields a gavel with jurisdiction over the nation’s housing industry. But he’s not a homeowner. And he likes it that way.
Frank classified himself as a double renter — he has an apartment in Washington and one in Newton, Mass.
“Given my personality and my work demands, I shouldn’t be a homeowner,” he said.
“I don’t want to be in the middle of a committee session and be told the pipes broke or the roof is leaking or this or that. I need when that happens to be able to call somebody and say, ‘Please fix it and call me when I can come home.’ ”
Frank was addressing the National Association of Hispanic Real Estate Professionals, the National Association of Real Estate Brokers and the Asian Real Estate Association of America.