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View Diary: Wall Street buying Single Family Houses (56 comments)

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  •  it's entirely possible that I mixed upthe acronyms (2+ / 0-)
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    Kevskos, patbahn

    and that it was HUD not HHS that did that. Apart from that, I watched with my daughter and her disappointed friends who never even got to join the bidding after all. So you can think what you want but I don't lie on dkos. And people from our state government certainly did swoop in, and I still don't understand the purpose.  

    •  That (1+ / 0-)
      Recommended by:

      is not how the Feds work.  They can not just waltz into an auction and spend our money.  To spend that much money they would need to have it in a work plan (i.e., a budget) and get the expense approved by probably several layers of superiors.

      I am not accusing you of lying but maybe the suits lied to you.  I could see several reasons for private parties to keep affordable housing out of peoples hands and they would not want to be upfront about it.

      •  what are the trailer addresses. (2+ / 0-)
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        Kevskos, nuclear winter solstice

        all these sales are public records.

        •  that's why I said it would take a while for me to (0+ / 0-)

          find the actual details but that I could. And, they did have clipboards with very official-looking paperwork all ready to sign quickly. It looked like they did have some sort of pre-approval and finances already prepared for that event, and the whole thing waited for them to arrive. Maybe they lied to me...?

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