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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-)
    Recommended by:
    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:
      patbahn

      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-)
        Recommended by:
        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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