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Reply #73: In some other posts I said. these homes are owned by someone. [View All]

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county worker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-16-10 02:57 PM
Response to Reply #65
73. In some other posts I said. these homes are owned by someone.
That person be it the bank or whoever wants to get rid of the house at market value. That means in this scenario the government buys up vacant houses at market value or the owner takes less. That would lower all the home values in the neighborhood. The government would have to borrow the money increasing the deficit. The government would have to be repaid if the houses were not sold. How is the homeless person going to maintain the house, pay the utilities, pay rent or a mortgage to the government?

Who is going to pass a law giving a homeless person and asset worth a couple of thousand dollars using taxes paid by people who don't get the same advantage?

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