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Reply #186: Not once did I say any such thing [View All]

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pipoman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-18-10 08:50 PM
Response to Reply #185
186. Not once did I say any such thing
nor have I stated contempt for homeless people. We donate to our local soup kitchen and to other services and individuals regularly. But placing homeless people in other people's property or having the .gov buying foreclosed properties to use as low income housing in the former just isn't ever going to happen and in the latter isn't the most efficient use of public money allotted to housing the homeless. Houses which are sitting empty are still someone's property. When the property ultimately sells, the proceeds of the sale will be applied to the debt, the remainder will show on the debtor's credit report as a debt balance or a debt write off, either it is in the debtor's best interest to sell the foreclosed property for the maximum possible amount. If you put people into the property it will not help the property unless they take extraordinary care of the home, which having managed many rentals over the years, I know is a rare tenant.

I am not against every plan, only this plan or plans which are silly from a cost/benefit standpoint, or violate other people's property rights.
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