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Tag Archives: foreclosures
The American squatter’s rent economy
Mortgages not paid; banks unhappy with property they now can’t unload through a sale; tenants now staying in housing units for free months and years after they default; welcome to the American ‘squatter’s rent’ economy! Yes, there is an INCREASE … Continue reading
Posted in Perspective
Tagged aid, America, American, Banks, Economy, er, Foreclosure, foreclosures, free, hey, Le, Mortgage, NOW
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The Stop the Foreclosures and Evictions Movement arises
People are losing the houses they live in, the jobs they depend on to pay the rents and mortgages, and the retirement pensions they thought secure. Michigan and Florida are especially hit hard, as well as the Gulf Coast areas … Continue reading
