Turning Foreclosed Homes into "Affordable Housing"

Discussion in 'Politics' started by chanel, Feb 15, 2012.

  1. chanel
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    chanel Silver Member

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    N.J. Dems outline proposal allowing towns to turn foreclosed homes into affordable housing | NJ.com

    This just reeks of socialism and the potential for enormous corruption. Comments?
     
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  2. chanel
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    chanel Silver Member

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    [​IMG]
     
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  3. gallantwarrior
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    gallantwarrior Gold Member

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    Affordable for whom? Certainly not the taxpayers who will be footing the bill.
     
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  4. FA_Q2
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    FA_Q2 Gold Member

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    I am sure the banks are just eating losses on this too.....
     
  5. editec
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    editec Mr. Forgot-it-All

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    I certainly agree that the POTENTIAL FOR CORRUPTION is there.

    Socialism by definition isn't corruption (neither incidently, can capitalism be called corruption) but social programs can certainly BE corrupted and OFTEN are, too.
     
  6. Claudette
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    Claudette Gold Member

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    Like we taxpayers aren't footing the bill for enough bs in this Country. Jeeze.
     
  7. FA_Q2
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    FA_Q2 Gold Member

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    Yes, but this one reeks of corruption. They are purchasing foreclosed homes - that's homes that are going to be bank owned for the most part. Banks don't like those homes because they are generally in disrepair and upside down. I can see them making out like bandits by giving those homes over to the government as the government never does anything on the cheap. I guess we will see though. There really is not a better source for section houses though if you are going to run a program like that though....
     
  8. zeke
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    zeke Gold Member

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    Yes sir ree all them empty foreclosed houses sure are great. Why I bet that when neighborhoods have 50% or more of the houses empty and declining, I guess you repubs think that is great for property values. And the more property values decline the greater the cheerleading from the Repubs. You know why they cheer? Cause most states fund education through property taxes. And less property taxes means more cuts in education and that seems to be what RZepubs want. A less educated, dumber population.

    Course the more stupid you are, the more likely to vote Republican. I see your strategy now.
     
  9. DiamondDave
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    DiamondDave Army Vet

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    Government does not own the homes... the lending institutions do... so in no way should they be forced to participate...

    And NOBODY IS OWED A GODDAMN PLACE TO LIVE>.. that is a PERSONAL RESPONSIBILITY
     
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  10. Full-Auto
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    Full-Auto Gold Member

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    Hey stupid it is democrats prolonging the foreclosure sector.
     
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