patrick.net

oh god...this is just like FDR's plan to burn crops and slaughter livestock while Americans were starving. I really don't advocate the welfare state but if you are going to refuse to allow buyers to buy the homes at low prices, then just friggin give them away to the poor. Don't bulldoze them. They are destroying what little wealth the housing bubble actually produced.

A big amen to that. Oakman. This stuff is making me religious.

what a bunch of over-reacting to whats been called 'urban blight' for decades.
there is more crap housing than there are inhabitants for such.
if its such desirable RE why havent you bought any of it at such cheap prices...

urban areas sprawled outwards to suburban areas, leaving rings of empty old broken bldgs, both comm and res, within the inner rings.
you can see this most anywhere...worse in the west due to such new 'booming' but certainly in the east due to age, simply.

in the 80's they did much the same thing in many an area.
...cleaned it off the map and rebuilt.
they called them 'developers'.
wallst types....

at some point someone has to clean up the crap they leave behind.

I haven't bought any because it's NOT for sale. Not all of this is even in urban areas. There was a man in my town in his 80's. Decades ago the house looked fine...then gradually the children left...then gradually the number cars in the yard added up (no fence) then some boards went up on the windows. Eventually they found that there was significant sewerage problems and the place was found unfit to live. It took a long time for this to happen. Now there's a new house and new people there.

There are plenty of cases of blight but until they break a law then there's nothing you can do about it.

Bap33's post on June 13th, 2009 at 3:48 pm is classic. I nominate that "Best of..." ala Craigslist fame.