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Dublin: 1°C Sunday 28 November 2021

The inevitable has happened: Occupy foreclosures

The general assembly of Oakland city in California has voted to have people move into houses left vacant after financial institutions foreclose on owners.

Image: Jeff Turner via Flickr.com

LAST NIGHT OCCUPY Oakland’s General Assembly in California did something that is likely to catch on with occupations across the US.

They voted to encourage the occupation of foreclosed properties across their city. After all, the bursting of the property bubble is part of why they’re on the streets right now.

There is a movement similar to this under the overall Occupy umbrella, It’s called Occupy Vacant Properties, and it has been most visible in San Francisco, where families are even reclaiming their old homes post-foreclosures.

Fire Dog Lake via The Home Defenders League:

My family has been in this neighbourhood for 50 years, and since I’ve been evicted, the place has been vacant, like so many homes in the Bayview. Families have been ripped off by banks, scammed by brokers and nothing’s done to them. It’s time for the families and the community to stand up and take back what’s theirs.

Considering all the attention focused on Occupy Oakland right now, it wouldn’t be surprising if this caught on like wildfire. Plus, in northern cities during the winter months, this could provide spots to house protesters and maintain the occupations.

- This article by Linette Lopez first appeared on BusinessInsider.com

Published with permission from:

Business Insider
Business Insider is a business site with strong financial, media and tech focus.

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