According to a recent study, 9.9 million homes have been vacant since 2008 due to foreclosure. and as of 2011 that number has increased to 14.3 million units. Many blame the bleak housing market and the unemployment rate for the number of abandon homes in America.
So how can the US solve this problem? John Taylor, CEO for the National Community Reinvestment Coalition, and Anthony Randazzo, director of economic research for the Reason Foundation, give us their take on what should be done with the homes.
Related articles
- U.S. Bankruptcy Court Rules Obama’s Foreclosure Model ‘DERIVATIVES’ Are Illegal: Obama Told Bankers Today Its OK To Foreclose On American Citizens Who Bailed You Out!
- Anthony Randazzo on How Neither Obama or Romney Will Remedy the Housing Market (txwclp.org)
- Massive Foreclosure Bank Fraud Lawsuit: Massachusetts Files Against Five National Banks ~ Bank of America, Wells Fargo, JP Morgan Chase, Citi, and GMAC.
- Homeless families and the B&B crisis (guardian.co.uk)
- “American Banksters” Reminds Presidential Candidates the Housing Crisis Is Not Over (deadlyclear.wordpress.com)
- Forgotten (themommygauntlet.com)
- NCLR, Local Groups Collect 30,000 Signatures Demanding Housing Crisis Resolution (hispanicallyspeakingnews.com)
- ITV Tonight: The Property Trap (itv.com)
- Is the Housing Recovery For Real? (usnews.com)
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