All the red areas are areas saturated with forclosed homes.
It was only a matter of time before all of these empty homes in markets across the U.S became rent free villa's. Max Rameau is a real life Robin Hood to homeless of Miami.
"MIAMI — Max Rameau delivers his sales pitch like a pro. "All tile floor!" he says during a recent showing. "And the living room, wow! It has great blinds." But in nearly every other respect, he is unlike any real estate agent you've ever met.... Rameau is an activist who has been executing a bailout plan of his own around Miami's empty streets: He is helping homeless people illegally move into foreclosed homes. "We're matching homeless people with people-less homes," he said with a grin.
Rameau and a group of like-minded advocates formed Take Back the Land, which also helps the new "tenants" with secondhand furniture, cleaning supplies and yard upkeep. So far, he has moved six families into foreclosed homes and has nine on a waiting list."I think everyone deserves a home," said Rameau, who said he takes no money from his work with the homeless. "Homeless people across the country are squatting in empty homes. The question is: Is this going to be done out of desperation or with direction?"...
There's a real need here, and there's a disconnect between the need and the law," he said. "Being arrested is just one of the potential factors in doing this." Miami spokeswoman Kelly Penton said city officials did not know Rameau was moving homeless into empty buildings — but they are also not stopping him. "There are no actions on the city's part to stop this," she said in an e-mail. "It is important to note that if people trespass into private property, it is up to the property owner to take action to remove those individuals."Pierre herself could be charged with trespassing, vandalism or breaking and entering. Rameau assured her he has lawyers who will represent her free."[Fox News]
As the market is looking bleak for the very least next year, this will become more of an occurrence in a foreclosed neighborhood near you. The question is are you going to wake up one morning with a crack house next door or a family in need who just wants a roof over their head. To ask the police department to take care of the situation and protect the houses is preposterous. The banks take the house from people who cant afford their A.R.M. that Washington mutual and banks alike told people were safer than a traditional mortgage. The people get kicked out on their ass because they were most likely laid off. The banks run out of money and get 700 billion from the people so that they can afford to take these houses and hold the house until they can get "reasonable value(Bubble Prices)" for the properties. I see this as a bank mortgage when they finish paying off the American people then they can complain. Until then just keep filling your pockets off of free money(T.A.R.P.).
