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View Diary: The Breakfast Club: 4-11-2014 (79 comments)

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  •  It seems perfectly sane to me that local... (8+ / 0-)

    ...governments should simply reclaim these properties that are being negligently managed by these predators (while concurrently penalizing and otherwise suing the crap out of them, too), and then sell these houses off to citizens (not predatory investors) that intend to LIVE in them, giving preference (and highly preferential loan/mtge. terms) to any folks that have lost their residences to foreclosure in the past.

    IMHO, that IS what would happen in any SANE society. So, reality tells us that it's little more than a WISH, nowadays.

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Fri Apr 11, 2014 at 07:36:29 AM PDT

    [ Parent ]

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