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April 10, 2009
Squatting in Foreclosed Homes
From today's NY Times:
Ms. Omega, 48, is one of the beneficiaries of the foreclosure crisis. Through a small advocacy group of local volunteers called Take Back the Land, she moved from a friend’s couch into a newly empty house that sold just a few years ago for more than $400,000.
Michael Stoops, executive director of the National Coalition for the Homeless, said about a dozen advocacy groups around the country were actively moving homeless people into vacant homes — some working in secret, others, like Take Back the Land, operating openly.
In addition to squatting, some advocacy groups have organized civil disobedience actions in which borrowers or renters refuse to leave homes after foreclosure.
The groups say that they have sometimes received support from neighbors and that beleaguered police departments have not aggressively gone after squatters.
Ben Barros
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April 10, 2009 in Real Estate Transactions | Permalink
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Sigh...
Posted by: gompers | Apr 10, 2009 2:22:27 PM

