I haven’t seen any hoarded houses in my area. I think someone is doing disingenuous propaganda.
Sometimes houses are empty for couple of years because foreclosure and bank has to wait for liens to clear. My neighbor’s place was held for 2 years, due to stupid system.
No but seriously. Houses foreclose all the time, they go back to the banks. So bank then has to wait legally required time. And then the bank has to do all the repairs and resell shit.
While all that happens - yeah it’s on the books as owned by a corporation, but it probably doesn’t warrant loosing your mind about it.
So I dunno which stats people are talking about when they refer to companies holding houses? I think it’s a lot of boloney.
U know what the issue is - government is not building cheap affordable long term housing. Like apartment complexes. There are no programs in place.
I haven’t seen any hoarded houses in my area. I think someone is doing disingenuous propaganda.
Sometimes houses are empty for couple of years because foreclosure and bank has to wait for liens to clear. My neighbor’s place was held for 2 years, due to stupid system.
It’s easy to not see something you don’t look for.
No but seriously. Houses foreclose all the time, they go back to the banks. So bank then has to wait legally required time. And then the bank has to do all the repairs and resell shit.
While all that happens - yeah it’s on the books as owned by a corporation, but it probably doesn’t warrant loosing your mind about it.
So I dunno which stats people are talking about when they refer to companies holding houses? I think it’s a lot of boloney.
U know what the issue is - government is not building cheap affordable long term housing. Like apartment complexes. There are no programs in place.
The issue is the government letting the cheap affordable single family homes (not apartments or condos) go extinct.