September 25, 2008. City Life / Vida Urbana stages eviction blockade in attempts to prevent the removal of the Esquivel family from their Roslindale home. City Life and supporters protest Deutsche ...
September 25, 2008. City Life / Vida Urbana stages eviction blockade in attempts to prevent the removal of the Esquivel family from their Roslindale home. City Life and supporters protest Deutsche Bank, calling for the bank to allow the family to purchase their home at appraised value. The bank refuses to negotiate, and the family is thrown out. Four supporters are arrested. www.CLVU.org
Video by Aaron Tanaka, of the Boston Workers' Alliance
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he wants legislation that would force banks to have a reason to evict people who are foreclosed. um, not paying your mortgage is more than adequare a reason to evict these freeloaders.
yeah the banks needed help, now all the foreclosures(people not paying their bills)caused the banking system to fail. again root problem=people didnt pay their mortgages
We need a mass movement to stop these evictions. People who have never challenged authority before need to join organizations and get involved. We need to put our own agenda forward and not allow the politicians to tell us what is possible.
Im well aware of the situation - I am a homeowner as well and as much as I agree that the banks are part of the problem, I don't buy for a second that these homeowners PUT themselves into situations that would ultimately hurt them - if I have to pay full boat on my fixed mortgage, how is that fair THEY get a break. No dice, pay up or leave and don't ask me for a handout.
subprime loans with ballooning rates explain how thousands of families "put" themselves into these situations. let's not forget that lenders designed these risky loans to make money. they expected families to foreclose, but didn't mind because they could turn around and re-sell for more, as long as housing prices increased. well we know how that turned out.. also, its hard to call it a "handout" if they're trying to buy the house at its appraised value and the bank refuses to take their money.
way to justify fiscal irresponsibility. The people you are protecting are just as much a part of the problem as the banks and will encourage legislation that will make home ownership THAT much harder. You should be ashamed of yourselves.
Maybe you should learn about this issue before you speak nonsense. The people loosing their homes in this video and 1000s of others around the country are not being irresponsible. They want the right to rent or buy their home at the appraised value that is all. The banks however want to hold the properties and make greedy profits.
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