A neighbor of mine lost his house last summer/fall. He and his family had to move to another city close by. His daughter goes to the same school, but hates being away from all of her friends. Her father visits his old home -- he just sits there and looks at it. It's empty, no one has bought it (other than the bank). The loss of this families home was devastating to them. They kept it up; it was immaculate. Now it's just being forgotten by some bank. WHY can't this government work out something -- ANYTHING -- to let him get his home back??
Why is this important?
Why must people get kicked out of their homes, only to let someone else in who pays a lower mortgage payment. Why can't this government work things out with the original homeowner and let him pay the lower payment and stay in his home? This kicking people out of their homes is immoral and is devastating to the homeowner.
This would omit the problem of blight in certain neighborhoods.