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Old 06-29-2021, 10:00 AM
 
19,642 posts, read 12,231,401 times
Reputation: 26435

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A combination of greedy investors, insurance companies, local government and even neighbors are ganging up on low income homeowners to try to coerce them to leave. I've observed this working with low income seniors living at home. It is disgusting. The insurance companies are starting to price out or just cancel insurance on older homes where the elderly and lower income are likely to live.

Flippers harass them, neighbors ignore them, bother them, or report homes that haven't been renovated as eye sores (while their own yards are full of trampolines, RVs, plastic crap). Someone reported a woman's beautiful wildflower garden as "weeds" that need to be mowed.

The local governments want to see old homes either razed or gutted, they are outlawing certain things that will force people to spend thousands of dollars to comply or be fined, or they will be forced to sell. This is often happening in democrat run areas. I'm not sure how you virtue signal this.
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Old 06-29-2021, 10:12 AM
 
Location: Oklahoma
6,811 posts, read 6,948,599 times
Reputation: 20971
It is disgusting. Old folks should be allowed to live in their homes without this harassment by the greedy. When they are forced out, where do they go? With the skyrocketing rents and long waits for housing assistance, this could get very ugly.
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Old 06-29-2021, 10:13 AM
 
Location: Sector 001
15,946 posts, read 12,290,309 times
Reputation: 16109
I've seen it. They'll often put pressure on the elderly. These type of pressure tactics by charities and others that pressure the elderly and take advantage of their nativity should be criminalized with heavy fines that make it not with the effort.
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Old 06-29-2021, 10:16 AM
 
28,122 posts, read 12,603,511 times
Reputation: 15341
Yes, this is happening, I know a few older folks that get offers multiple times per week. Around here, housing construction has slowed to a crawl, so that is probably the reason.
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Old 06-29-2021, 10:17 AM
 
Location: South of Heaven
7,928 posts, read 3,473,493 times
Reputation: 11617
Quote:
Originally Posted by aquietpath View Post
It is disgusting. Old folks should be allowed to live in their homes without this harassment by the greedy. When they are forced out, where do they go? With the skyrocketing rents and long waits for housing assistance, this could get very ugly.
They will eat the bugs and they will live in the pods. They will own nothing, and they will be happy.
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Old 06-29-2021, 10:17 AM
 
26,660 posts, read 13,750,169 times
Reputation: 19118
Quote:
Originally Posted by tamajane View Post
A combination of greedy investors, insurance companies, local government and even neighbors are ganging up on low income homeowners to try to coerce them to leave. I've observed this working with low income seniors living at home. It is disgusting. The insurance companies are starting to price out or just cancel insurance on older homes where the elderly and lower income are likely to live.

Flippers harass them, neighbors ignore them, bother them, or report homes that haven't been renovated as eye sores (while their own yards are full of trampolines, RVs, plastic crap). Someone reported a woman's beautiful wildflower garden as "weeds" that need to be mowed.

The local governments want to see old homes either razed or gutted, they are outlawing certain things that will force people to spend thousands of dollars to comply or be fined, or they will be forced to sell. This is often happening in democrat run areas. I'm not sure how you virtue signal this.
Everyone is getting these calls where I live, old or young. I get a call almost everyday and regular mailings asking me if I want to sell.
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Old 06-29-2021, 10:18 AM
 
Location: Southeast US
8,609 posts, read 2,309,649 times
Reputation: 2114
Quote:
Originally Posted by tamajane View Post
A combination of greedy investors, insurance companies, local government and even neighbors are ganging up on low income homeowners to try to coerce them to leave. I've observed this working with low income seniors living at home. It is disgusting. The insurance companies are starting to price out or just cancel insurance on older homes where the elderly and lower income are likely to live.

Flippers harass them, neighbors ignore them, bother them, or report homes that haven't been renovated as eye sores (while their own yards are full of trampolines, RVs, plastic crap). Someone reported a woman's beautiful wildflower garden as "weeds" that need to be mowed.

The local governments want to see old homes either razed or gutted, they are outlawing certain things that will force people to spend thousands of dollars to comply or be fined, or they will be forced to sell. This is often happening in democrat run areas. I'm not sure how you virtue signal this.
provide a link, please.

Especially one that shows that insurance companies specifically target these people with predatory practices.

And provide one of the "local government ordinances" that are unreasonable.

thanks
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Old 06-29-2021, 10:19 AM
 
Location: Way up high
22,339 posts, read 29,439,446 times
Reputation: 31492
It is beyond horrible and I hate to see it happen
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Old 06-29-2021, 10:19 AM
 
Location: San Diego
50,315 posts, read 47,056,299 times
Reputation: 34085
We are getting hand delivered fliers about every other day. We had to put up a no soliciting sign to keep them off the doorbell.
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Old 06-29-2021, 10:20 AM
 
9,881 posts, read 4,650,430 times
Reputation: 7512
On one hand these offers and investors are predatory but all one has to do is say no or not respond in any fashion.

The minute these investors realize one wants to negotiate or is consulting an industry expert of their own most will back off.

A pile cash will help out many a person but so will not having a place to live.
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