Nightmare Of Foreclosures Breaking Dreams Of House Ownership
Posted on September 29, 2008
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The nightmare of foreclosures has broken the dream of house ownership. Millions are having nightmares as foreclosures are evicting them from homes to a state of homelessness.
A new group of people is now employed patching up what is left of the shattered dream – the vacant ravaged houses that have been left behind. Machines are trimming overgrown lawns of one time swank houses that were once great to walk into it with ownership papers. Three years ago it was purchased for $660,000. Today it stands a desolate broken dream haunting the lenders who have foreclosed on it and the neighbours who have to bear with it.
The person in charge mows the garden and checks the big garages that can house two cars. On one side lies neglected gardening tools, basketball net and a broken door leading to the fancy kitchen having granite slabs. The workers turn their attention to the stagnant pool with overflowing slime and stench. Shayne Becher who has been appointed for the task is not a regular landscaper but an employee of the city – a city desperate to stop the wild jungle from swallowing up urban gains. He is slugging out in the heat of the Fort Myers – a region saturated with foreclosures.
Becher is part of the rapid action team of the city’s code enforcement division that is trying to grapple with the ever-increasing number of vacant foreclosed houses and its attendant problems. The work is varied – from mowing of lawns to boarding of doors and windows. The payment rate is much reduced from what it used to be previously thanks to the shrunken budget of the city authorities. Five days a week from 7 in the morning till 3.30 in the afternoon Becher slugs it out. Sometimes he is lucky to have additional help. He has to put back some sort of respectability to the houses so as to keep at bay the wild – humans or otherwise like rats and snakes. He cleans the sidewalks and picks up fallen coconuts. At the end of the day he looks back at the nightmare that was once a dream. Thus he and others like him trudge from one foreclosed house to another trying to mend the damage.
This is the scene in Fort Myers that has 60,000 residents and is the seat of Lee County. This is the result of what happens when banks behave irresponsibly duping the gullible borrowers. The entire society and its economy pay the price.
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