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St. Petersburg, Florida - You've seen the ad running with Mitt Romney at the RNC saying President Obama can't tell us we're better off than we were four years ago.

In it, Florida's housing problems take center stage. Along with PolitiFact Florida, wecheck the fact the ad says Obama is to blame.

Home values in Florida collapsed, construction jobs were lost and the state's foreclosure rates soared, all claims made in a Mitt Romney approved campaign ad.

Aaron Sharockman with PolitiFact Florida says Mitt Romney leaves key facts out and plays the blame game.

PolitiFact Florida rates these claims: Mostly False.

Click here to read more about this fact-check and to watch the campaign ad.

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