Homeless and Empty Homes -- an American Travesty

Part of the problem not addressed is the banks who foreclose on houses then evict paying tenants, sometimes making them homeless as well. I recently received a violation notice on a property that was taken back by the bank. Seems the city still thought I owned it. The place is a mess, trash, weeds as tall as the fence etc. The tenants who lived there were evicted by the bank rather than the bank collecting rent. These people were good tenants, had jobs paid their rent and kept the property in excellent condition. Now the bank is sitting on a vandal target that is deteriorating without an occupant.



Since these properties become a blight and enforcement problem for cities because banks won't respond to code violations etc. Cities need to respond by placing liens on these properties and require the banks to either rent them or to allow the cities to use them to provide shelter for homeless families until the properties are sold. If a homeless families fortunes reverse they should get first dibs on becoming permanent tenants.
Read the Article at HuffingtonPost