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Old 10-08-2008, 04:32 PM   #1
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Default Sobering Video

A coworker sent me this clip. It is depressing to say the least, so view at your own discretion.

SOCAL:FORECLOSURE ALLEY

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Old 10-08-2008, 05:01 PM   #2
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Why in the world would they chuck out stuff of value?? This country is screwed.

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Old 10-08-2008, 05:09 PM   #3
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The volume is too great. That one company is doing 15 house cleanups a day. That's a lot of stuff.

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Old 10-08-2008, 05:14 PM   #4
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When my wife and I were house hunting months ago, one day we looked at 6 homes: 4 of which were in foreclosure, and one was a short sale.

I think sobering is a good word for it. You think about the families who used to live there, whether they had kids, doing everything you can to make sure it doesn't happen to you, etc.

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Old 10-08-2008, 05:16 PM   #5
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Folks who did not put anything down on a house were renting before. They actually were renting then, and now they will be renting again.

It's the stupid people who cashed in their false equity and spent it on vacations and BS stuff that are hurting from their poor decisions.

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Old 10-08-2008, 05:31 PM   #6
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Originally Posted by EdWort View Post
Folks who did not put anything down on a house were renting before. They actually were renting then, and now they will be renting again.
Except now they will be filling out rental apps with fecal-smelling credit reports.
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Old 10-08-2008, 06:17 PM   #7
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Why wouldn't the banks want to offer the homes for sale with all the furniture intact. I just don't get the idea of trashing what could be 10 grand in furniture and electronics. Sweeten the deal on the house.

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Old 10-08-2008, 06:26 PM   #8
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Why wouldn't the banks want to offer the homes for sale with all the furniture intact. I just don't get the idea of trashing what could be 10 grand in furniture and electronics. Sweeten the deal on the house.
I think it's a blanket jerk-knee reaction. There could be who-knows-what in the houses from toxic material, etc., or there could be just furniture. At the rate they are going there is probably no way to handle it quickly. If it were two or three a day I could see it....but it's just too many, and those abandoned homes are causing problems for the remaining folks.

The guy spray painting the lawn. wow.
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Old 10-08-2008, 06:27 PM   #9
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I'm surprised there aren't large auction houses in there picking that stuff up.

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Old 10-08-2008, 06:38 PM   #10
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Why wouldn't the banks want to offer the homes for sale with all the furniture intact. I just don't get the idea of trashing what could be 10 grand in furniture and electronics. Sweeten the deal on the house.
Just because the people leave the stuff doesn't mean it now belongs to the bank. I don't agree with the people who are cleaning out the house taking whatever they want as long they remove it from the property either.
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