[lbo-talk] Ongoing housing market crisis data

Mr. WD mister.wd at gmail.com
Mon Aug 27 11:04:14 PDT 2007


On 8/27/07, joanna <123hop at comcast.net> wrote:
> B. wrote:


> >Simple questions: How many families have already lost
> >their homes? How many probably will? Will they be
> >driven to rent? WHat do that mean for those of us who
> >already rent?
> >
> I think that's a fairly small part of the question. The answer will
> probably be recorded here as it unfurls:
>
> http://patrick.net/housing/crash.html

Are people starting foreclosure solidarity networks or anything like that around the country? Maybe this is just pie-in-the-sky thinking, but wouldn't it be great if we could somehow assist people in squatting in their foreclosed homes?

I'd imagine one component of such a network would be providing free services to people who are being foreclosed on, but there could also be a direct action component to keep folks from being evicted, or to make sure that any property from which someone was evicted was, ahem, not in the same shape it was when the original owners left. I mean, if we're going to allow people to be evicted, we might as well make it as expensive and difficult as possible -- that might give the banks an incentive to work something out with struggling homeowners.

-WD

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