Categorized | General Interest

Right To Rent

   I’ve always like the Right to Rent idea, proposed by Dean Baker at the Center for Economic and Policy Research, because it would help homeowners–not banks–who are facing the foreclosure crisis. Now, there is a bill to make it law:

 "The Right to Rent Act of 2010" was introduced by Rep. Raúl M. Grijalva (D-AZ) and Rep. Marcy Kaptur (D-OH), which would allow homeowners whose homes have been foreclosed to stay in their homes at a fair market rent for up to five years.  "The latest statistics on foreclosures and mortgage delinquency rates are an indication of the profound, historic crisis we face and the need for creative solutions like Right to Rent," said Rep. Grijalva.

 

   Make it happen.

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