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Urban property that has been 1) condemned or 2) abandoned/unoccupied for more than three years must be auctioned to the public. Regulations must PREVENT 1) inside deals by realtors & developers, 2) developers & hedge funds from buying up everything at cheap prices & then controlling properties & manipulating markets to drive up prices, & 3) zoning boards from limiting divisions into smaller lots & blocking construction of smaller homes needed for affordable single family housing.

Submitted by Timothy Salt in Economy & Jobs Jan. 9, 2015, 11:21 a.m.
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#1275
114 votes

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