Police Arrest Squatters of Foreclosed Home | Articles & Archives | Community Association Management Insider

Police Arrest Squatters of Foreclosed Home | Articles & Archives | Community Association Management Insider: "Police detectives in Newport Beach, Calif., recently arrested a couple for illegally squatting in a $2.6 million, ocean-view home. The couple had previously admitted they had entered the house, changed the locks, and put the utilities in their names, even though they did not own the property or have the owner's consent."
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Several people sent me this, so thanks to all of you, and as it happened I ran across it myself. Given that 11% of US homes are unoccupied and 16.1% of the labor force are unemployed or can't find full-time work (per the U-6) maybe this is the way things are going to be from now on. Sort of a pre-Apocalyptic warmup.

F. A. Hayek, Liberal | Bottom-up

F. A. Hayek, Liberal | Bottom-up: "One of the more pernicious influences of Rand and Rothbard on the libertarian movement was their tendency to treat every policy problem as almost reducible to a logical syllogism. Too many libertarians act as though they don’t need to know very much about the details of any given policy issue because they can deduce the right answer directly from libertarian principles."

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That's a pretty good statement of what's wrong with the libertarian view on HOAs. I found this link originally at Andrew Sullivan's blog

Home Ownership—Nearly 11 Percent of US Houses Empty - CNBC

Home Ownership—Nearly 11 Percent of US Houses Empty - CNBC:

Overbuilding during the housing boom, young people holing up with their parents instead of buying a condo (or even renting one!), other people living with relatives after being foreclosed on, bank-owned properties rotting on the market...I love this economic recovery, don't you?