Occupy Movement Filling Foreclosures

by Erin Calandriello

Foreclosed homes in Chicago

Efforts may be in the works to rent out foreclosures across the country and some government agencies may have suspended evictions over the holidays, but it is the Occupy movement that has come up with a creative, albeit rebellious, way to ease the foreclosure crisis, CNN recently reported.

In a message to big banks this week, the Occupy Our Homes movement is filling foreclosed homes, interrupting bank auctions, and preventing evictions in more than two dozen cities.

From CNN:

Occupy Our Homes said it’s embarking on a “national day of action” to protest the mistreatment of homeowners by big banks, who they say made billions of dollars off of the housing bubble by offering predatory loans and indulging in practices that took advantage of consumers.

In Chicago, activists have “taken over” a number of foreclosures, including one on the South Side where CNN reports a homeless mother and child, evicted homeowner and a college student are all living.

See other articles related to: occupy movement, foreclosure

This article originally published at https://dc.urbanturf.com/articles/blog/occupy_movement_filling_foreclosures/4727


  1. parasites are people too said at 4:26 pm on Wednesday December 7, 2011:

    Occupying vacant homes is nothing new for vermin so I’m not sure why the press.

  1. jag said at 4:41 pm on Wednesday December 7, 2011:

    Yeah, the “homeless mother and child, evicted homeowner and a college student” all sound like vermin. Jeez, have some decency. Who cares if you agree with the protests are not - they’re still freakin people.

  1. jag said at 4:43 pm on Wednesday December 7, 2011:

    *or not

    Jeez, now you got me typing all wacky. Crazy that you could think that about fellow humans just because you don’t agree with their cause or tactics.

  1. xmal said at 4:56 pm on Wednesday December 7, 2011:

    Great idea and something that may appeal to people skeptical of the Occupy movement.

  1. parasites are people too said at 5:34 pm on Wednesday December 7, 2011:

    Let me clarify, the folks legitimately be evicted are not vermin, the squatters occupying anything including foreclosed homes are however.  Private property is just that, private.  Once you remove private property rights you have nothing.  People being evicted from homes they once owned is sad and I understand that but they are being evicted for a reason and that reason is they stopped paying their obligations and gave up the rights to their property in the process.  The DB’s squatting in vacant homes have no rights and I could care less about their politics and irrational ideals.  If they are trespassing they should be dealt with in any and every way possible as afforded by the law.  If not, what would stop them from coming to your house without permission and occupying your couch jag?  Nothing!  All that aside, I’m all for it; go parasites!

  1. anon said at 11:12 am on Thursday December 8, 2011:

    In some of the more eggregious cases, you could argue that the property is both private AND stolen where the lender practiced fraud or impropperly repossessed.  While the squaters would not necessarily have a legimate claim on the stolen property, you could argue that neither do the banks.

Comments are closed.

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