alt Hacker NewsWhat happens after the city buys it?
Also, most municipalities do not have the funds on hand to buy up people's houses just to call their bluff on taxes.
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tantalor • today at 4:51 PM
conservatorship
What happens after the city buys it?
Also, most municipalities do not have the funds on hand to buy up people's houses just to call their bluff on taxes.
conservatorship
They attempt to sell it at market-rate which, assuming the previous owner intentionally under-valued the house, would earn them money that they can use to continue the program.