City Life - Eviction Blockade
Uploader Comments ( freedomisnot )
Top Comments
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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.
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Tell that to the banks. They arent paying their bills we are!
Video Responses
All Comments (9)
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The bank didn't listen to your offers to negotiate because 1 they are not in the rental business 2 just because you paid to much for your house doesn't mean you should get to refinance your house for market value you should have done your due diligence.
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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
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pay your bills and you will be ok....no handouts for the people who caused the banks to go under=FORECLOSURES
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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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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.
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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.
spinner530 3 years ago
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.
freedomisnot in reply to spinner530 (Show the comment) 3 years ago