Syracuse Community Geography

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As a result of a community organization's action in Youngstown, Ohio, a new bill has been passed which forces banks to pay $10,000 in cash bonds for foreclosed properties that remain vacant in an effort to keep property maintained and reduce neighborhood blight. Read about the organization, the bill and its impact here:
http://www.newgeography.com/content/004060-fighting-vacant-property-plague

Fighting the Vacant Property Plague | Newgeography.com The term 'walking away from the property' usually refers to owners who leave a home when they can't make the mortgage payments. In Youngstown, Ohio, it may gain a new meaning: to describe banks that abandon a vacant property in foreclosure, and leave neighbors to cope with the blight. Now banks that...