Forum Post: Cleveland! Say it aint so! Tearing down vacant houses?
Posted 12 years ago on Dec. 19, 2011, 3:49 p.m. EST by DKAtoday
(33802)
from Coon Rapids, MN
This content is user submitted and not an official statement
http://www.cbsnews.com/8301-18560_162-57344513/there-goes-the-neighborhood/
I mean really?
Lets get this straight.
OK. People have walked away from their over priced mortgages because they can't afford them and they can't sell the home because on average the house is only worth 1/2 of what they are ( or were ) trying to pay?
OK. Got that so far.
Then your telling me that the Banks are walking away from these properties because they are over priced and they don't want to try to resell them even at discounted prices. They would prefer writing off a complete loss than try to recoup some money by selling at a currently reduced market value.
So these houses have now been totally abandoned. Right?
Now because all of these houses are standing vacant, they are being torn down because people are looting them for the aluminum siding, the copper plumbing, lighting fixtures, etc..
Am I correct? This is what is currently Happening?
And you say the Sheriffs department is still serving an average of 50 eviction notices/mnth ?
What an absolute waste!!!!!!!!!!!!
I mean am I wrong but aren't there a few homeless people out there? Couldn't some of these properties be used to house the homeless? I mean just because someone is homeless it does not mean they are penniless. For many as stated above they could not afford the absurd mortgage and the banks wouldn't work with them to make it realistic and affordable so that they could continue to make payments and stay in their homes.
So can't the city or state step in and make these homes available to those who could afford to set-up utilities and pay the property taxes? Something should be able to be done to stop senseless waste.
the whole thing is insane.
They should have rolled back the interest rate to before it reset - there is something radically wrong with the way these people think.
I don't presume they are utterly stupid - but that seems to leave the conclusion that it is deliberate.
Did we incentivize foreclosure with the bailout somehow? I mean, wtf
Self interest should dictate redrawing the terms of the loans - . . . loans that have all been bundled as a secure investment and resold on the open market . . ..
I bet if fraudulent lenders start getting arrested some of that may come to an end.
Fat chance of seeing the criminals sent through the justice system. One of Obama's recent public statements was that they would charge these people if they had done anything illegal, but that they couldn't as by current standards what they have done is not illegal.
Unreal. Right?
I hadn't heard that. It does sound crazy.
The 60 Minutes investigation, while not complete, seemed conclusive.
That's one of the funny things. It was on the 60 minutes interview of the previous week ( week before Cleveland episode ) that Obama made that statement.
I missed it. Was he referring to tearing down the homes? the loan process? The foreclosure process? There is ample evidence behind the loan and foreclosures.
He didn't want to go after Bush/Cheney either. Our policy on torture was clearly against the law and in violation of international treaty.
No. He was actually commenting on the stock market and bank melt-downs. That resulted in the bail-outs. And why there hasn't been much in the way of charges being drawn or anyone being arrested or held accountable in any way.
Wasn't it Goldman claiming the mortgage investments were sound to those they sold them to, then bet against them through AIG?
That wasn't legal.
But hey, why not instead of prosecuting the criminals, we set-up a reward program instead? You know lets support and encourage bad or criminal business practice. Lets show America and the world that not only is it OK to defraud the public it can be rewarding to. It can be profitable to walk away from your responsibilities as long as your a large enough group ( no individuals allowed at this table ) and instead of incurring a loss you are rewarded with someone Else's money.
Pavlov would be so happy to see his experiments in behavior control being practiced so enthusiastically. Only the bell that's being rung to get the dogs drooling is on the floor of the stock market.
Yeah I think the charge would be fraud, plain and simple. Right?
The really funny thing about these two 60 minutes programs was that 60 min didn't present a view point, they didn't present either piece with a point of view just basically put them out there as this was asked and this was said and this is whats happening. Is this the same program that is famous for vilifying the unrighteous and the incompetent, wasteful or criminal (or at least trying to appear that way in their programs)?
I think it is much more effective if they simply state the facts.
Perhaps that is what they were going for.
Unfortunately this has been happening for quite a while. There was a town in California, I believe, that was tearing down brand new homes rather than have the liability of someone suing them while squatting in the house. God forbid someone actually using a house they can't sell.
It is all madness anymore. George Orwell wrote about "newspeak" where everything was written in such a way as to confuse. Some person within some corporation decided that tearing down a house while people were homeless was a "good" thing for banks and banks were convinced.
What a screwed up system we all have adopted and thanks to all who see the confusion and want to try change.
Thanks for the reply. That is the problem it has been going on for awhile now but it is not getting coverage the way it should so many people are not aware that this is happening or to what extent. Please share if you have any social media outlets that you use - Twitter, Facebook or any thing else. The thing that makes this recent report on Cleveland's activity notable is that it actually got corp. media coverage on 60 minutes. Go figure.
I fully see the situation and you might want to speak with a lawyer or two about why it is the way it is. Look in your own daily paper now and then and or at the ads on TV for lawyer services.
Can you even imagine a class action lawsuit representing all homeless people granted permission to live in foreclosed homes across this nation.
The only thing that this would guarantee is the fact that a bunch of lawyers would be billionaires overnight, the class action participants would all get $25.00 each and all the banks would be out of business so the homes would go into the bankruptcy system and be demolished anyhow.
Take action. See samples of how below.
183,361 signatures so far for Bernie Sanders petition as of 10:15am central time 01/15/2012
http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578
The petition to save abandoned houses has 15 signatures. We picked one up at around 9:50pm 01/13/2012. Were just rolling right along.
http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.
http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb
Sierra Club has some good things to take part in as well. Set-up and ready for you to take part in. http://sierraclub.org/
Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.
http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb
Check this out could be real good fun.
http://occupywallst.org/forum/irs-could-resellrent-foreclosed-properties/
For those of you just checking in.
Don't forget to petition the Justice Department to start prosecuting the economic criminals. There has to be accountability.
This is why we are here this is why you are needed.
http://occupywallst.org/forum/inside-job-documentary/
Share, circulate, educate, inspire.
See also people from all walks of life, from all over the political map "not" supporting a party or leader or group of leaders but "supporting an Ideal".
http://www.youtube.com/watch?v=_2Bgqt1YYko
This is why we are here this is why you are needed.
http://occupywallst.org/forum/inside-job-documentary/
Share, circulate, educate, inspire.
Incredible Cleveland video, hysterical-
http://www.youtube.com/watch?v=oZzgAjjuqZM&noredirect=1
1) profits 2) wealth 3) corporations 4) property..............151) people
we are very low on the list of priorities my friends.
Exactly why the people of the USA and the World need to band together in demanding a better World. In demanding action be taken against corruption and greed.
Don't be satisfied with the conviction of one singular slime-ball like Bernie M.
Demand the same for all. There we might generate some deterrence in the continuation, popularity and proliferation of white collar crime and corruption.
Could Habitat for humanity be helpful here?
Jimmy C. what do you say?
Yeah, Cleveland got hit really hard when the whole sub-prime debacle. Plenty of houses were foreclosed on. Also, Cleveland has had a terrible economy for some time and they overtax small businesses (who end up discouraged and fold shop and go elsewhere if they can.)
It really doesn't surprise me that people are looting these houses. Plenty of people moved away from Cleveland due to the housing market crash and it's poor economy, so naturally the banks are having a hard time getting someone to buy these houses. The banks would rather have the houses sit there unoccupied and fall into disrepair rather than do something good for the communities, like donating one or two (to become half-way houses).
I agree something should be done to stop this senseless waste. The banks obviously don't give a darn, it is up to the community leaders to do something about this.
Or perhaps the "People" and a proper use of ( for ) eminent domain?
Yeah, that's what the remaining people in the neighborhood want to see... all the vacant homes turned in to soup kitchens. Imagine this was your neighborhood, is that what you'd want? Or would you rather the city tear down the structures and use the land as green spaces or parks for children or perhaps community gardens to support the already existing soup kitchens and homeless shelters?
I agree that the banks need to stop kicking people out without at least working with them to get some payment system in place to keep them in the homes.
They've been crushing houses in Rochester, NY for years...
wait... so the neighbors have some right to determine to whom i or a bank sells a home? they always have the choice of moving themselves if they don't like the buyer. tearing down homes seems absurd, as long as there is anyone willing to buy them... but, it does have the effect of increasing local prices.
If there was anyone willing to buy them, they most certainly would not be tearing them down.
I think you need to re-read the post as your comment about soup kitchens is really out of place in the context of what was proposed.
And yes why is it better for a bank to walk away from a family and then walk away from the property they took away from them instead of trying to make something work in a bad situation? Some thing to benefit both parties.
You have to take in account that some of the money that the government gets comes from tearing down those houses... but yeah, I see your point... well said
Thanks and please share. I tweeted this out, but I have only got so many followers on twit, perhaps if you have an account it could reach more people.
There's a more sinister reason for the taring down of homes. Look up "North American Union Superhighway Maps" and "Agenda 21". That is the insane brainchild of the New World Order's elite agenda to create their utopia with very small areas where their slaves(the few of us that will survive the upcoming bloodshed) will live in small plastic communities.
The superhighway will basically go up the center of the US and Canada with a few arms into other areas and used mainly for import and export corporate needs. The rest of the land will be used for massive wildlife reserves to protect "their" nature and animals.
People will not be allowed to own land or property. Ya... I know what it sounds like! Look it up, its all there. They're nuts!!! Criminally insane!