Posted on 11/21/2011 11:53:13 AM PST by EBH
Local lawmakers believe more federal demolition funds must be found to stop the dramatic drop in northeast Ohio property values.
Former Cuyahoga County Treasurer Jim Rokakis said he believes the number of condemned homes and buildings in northeast Ohio has ballooned to 30,000.
Rokakis blamed foreclosures and irresponsible banks, investment firms and individuals who have walked away or ignored their distressed properties.
The growth in vacant houses comes at a time when federal neighborhood stabilization funds, used to demolish these homes, will soon run dry.
Rokakis said vacant homes are one of the leading causes of a dramatic drop in regional property values.
"After 10 years of foreclosure crisis, we have an absolutely stunning drop in property values," said Rokakis. "This is not just the problem of the inner city, it's now become the problem of every homeowner in Cuyahoga County."
Rokakis pointed to a study by the Federal Reserve Bank of Cleveland...
(Excerpt) Read more at msnbc.msn.com ...
You sound like a self-righteous liberal with control issues.
There is a solution to their problem. Well sort of. The county can sell off the property for back taxes. Than the new owners could tear down the house. The problem: The EPA and other regulations have made tear down soooo expensive it’s not worth it.
The sad part of this is not just that Obama is likely to play socialist dictator and give them away without regard to the rule of law, the saddest part is that in a few years (months for most of them), the "free" houses will look just like the unlivable housing projects that we used to give to people who demanded that we take care of them. The far left has created a social class so inept that they cannot even be taken care of effectively, people who cannot maintain a house that they do not value because it was free and wouldn't know what to do if they did value the home. I pray that we will outgrow this experiment with socialism and move forward to a society that values the poor and provides real opportunities for them to become self-sufficient, while demanding that they accept those opportunities.
Actually, it was the "Mistake-on-the-Lake". I left that region in 1984,and have never been back.
Kerry threw in the towel when the Cuyahoga County Dem called and told him he wouldn’t get the votes needed to carry Ohio
Cuyahoga Cty has become a pit.
And I loved Cleveland.
I got lost one afternoon in Cleveland and ended up on the east side there. Turns out the county board of elections was across the street from the Dem Party there. Don’t know if this is still true.
Only to out of control drunks!
Is there a major metropolitan city center that is not a Democratic stronghold?
Maybe there is in Texas but I am pretty sure that there is not anywhere North of the Mason-Dixon or on either coast.
Every major city is a cesspool of socialist looters.
We are not going to get to that utopia without a season of real struggle. As I read what you wrote I couldn’t help but think of some of the reasons there is an America...
As here, wish I were in a tank at the time.
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