by calin » Sun Jul 22, 2012 4:58 am
Guess what, the Government does not own these home, therefore will not be getting rental income from the properties.. It is the banks that own the foreclosed mortgages that will be renting the foreclosed homes.
It would certainly be more advantageous to the neighbors to these foreclosed home to allow them to sit empty so they can be vandalized, broken into by unsavory people to squat in or just be allowed to dilapidate. Think about your own property value should that happen to the house next door to yours.
Which Administration drove the prices of a home so high that most could not afford them? Which Administration, through deregulation, allowed the banks to offer mortgages that they knew most of the takers could not afford? Which Administration was in office when the Mortgage crisis occurred and the economy went into free fall?
Thank you for your Support of President Obama. Every time a Conservative posts a question or answer showing their total ignorance, it reflects on all Conservatives and influences others to vote for Democrats.
I would also like to thank you and all the other Conservatives who prove how ignorant they are by posting questions and answers that prove their lack of knowledge and/or the fact that they are just too lazy to research a question or answer before posting it. It reflects so well on your Party