“BUY YOUR HOUSE ALL CASH” Signs Removal Planning Meeting
jeu. 13 décembre à 00:00
We are hosting a “BUY YOUR HOUSE ALL CASH” Signs Removal Planning Meeting on 12/12 from 6 - 8 pm at the Jamaica Center for Arts & Learning (JCAL) -[masked] Jamaica Avenue, Jamaica, NY 11432 This is a planning meeting where we will discuss and organize a date and time where we will take down “BUY YOUR HOUSE ALL CASH” signs in the 5 boroughs and Long Island. In addition, we will unpack the root of over speculation and how to raise awareness alongside communities and other entities. We ask that you bring your ideas, a pen, and notebook, and be ready to participate! Background:
Predatory flipping currently affects marginalized communities that already endure foreclosures, displacement and other forms of real estate stress. Research shows that in some neighborhoods on Long Island and the NYC boroughs flipping and speculation make up 50% or more of home purchases. This leaves communities, homeowners and buyers in a vulnerable position. These signs are usually bait for homeowners. These are consequences that come as a result of over-speculation; deed theft, homeowners selling for discounts without understanding their options, abuses with shortsales, mistreatment of tenants, and sub-par renovation on flips and selling for a premium to 1st-time buyers. So this event is an opportunity to collaborate with individuals who are interested in understanding the root causes of these issues, discussing solutions and taking action.
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