ABQ Election 2017
Realtors and developers give big money to ABQ mayoral candidates
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An often heard saying about elections is that candidates spend their time asking anyone they can find for money to fund their campaigns. The amount of money being raised and spent so far in the Albuquerque mayor’s race is already an unprecedented $2,646,494. But a look at the campaigns of the three candidates raising the most in private dollars suggests one constituency is being asked a lot more than others. The real estate and land development sector has given roughly $1 of every $4 raised so far in the Albuquerque mayoral race once you subtract public financing dollars for one candidate and a half-a-million-dollar loan another candidate gave to himself, an NMID analysis shows. No other sector even comes close in its giving power, according to the analysis.