0
0

Obama to create a plan to destroy excess housing?


               
2009 Jun 12, 12:33pm   5,616 views  32 comments

by mdovell   follow (0)  

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5516536/US-cities-may-have-to-be-bulldozed-in-order-to-survive.html

I had a feeling eventually it would come to this.

But I have to wonder how do you "return the land to nature" without considering the enviromental aspects of this...

#politics

« First        Comments 30 - 32 of 32        Search these comments

30   waterbaby   2009 Jun 16, 2:56pm  

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.

31   mdovell   2009 Jun 18, 11:26am  

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.

32   cashmonger   2009 Jun 19, 8:53am  

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

« First        Comments 30 - 32 of 32        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   users   suggestions   gaiste