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MarketTicker Forums Read Message in Foreclosuregate
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User Info Ohio Tears Through Blighted Housing Problem in forum [Foreclosuregate]
Rubberchicken
Posts: 1087
Incept: 2007-08-29
Green
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http://www.npr.org/2012/04/05/149988707/....

Quote:
Ohio Attorney General Mike DeWine wants to destroy abandoned homes all across the state. He's setting aside $75 million of the state's mortgage settlement money to fund the demolitions.


I guess it's a "win-win" for the States and the banks.

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"I need a new signature"
Chastrader
Posts: 392
Incept: 2007-12-01
Green
Fort Worth, TX.
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I wonder how many of these homes the banks will continue to hold on their books even after the home is torn down.

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Every country has the government it deserves. - Joseph de Maistre
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