Wednesday, April 2, 2008

Housing Problems

problem... more houses left vacant by the mortgage crisis are being vandalized; copper aluminum and brass stripped out. What to do?

banks could offer short term ( week to week? ) leases for people to move in there. For $100 a month ( plus utilities. Or maybe just -FREE- plus utilities? ) a house could be a temp alternative to a costly apartment; the house would be occupied and deter crime or damage. Banks could recoup some of the money paid out to former residents as ransom, and keep loss costs lower.

Hmmmmm. Must think more about this.

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