Quickbooks Freezes at 50% When Creating Company File

I just had an issue with a newly installed Quickbooks. I tried to create a new company file and the program would just freeze without giving out any information about the freeze. The solution I came about, was to set your temp folder to be accessed by everyone.

The issue seems to be Windows 7 or 8 itself as it does not allow the new installer to access the temp folder.

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