Posted by: devinmoore | October 31, 2010

How-to: fix a Mortgage/Foreclosure Crisis

1. Buy up all of the mortgaged/foreclosed houses.
2. If a family was going to lose their home, rent it back to them at a price they can afford. The good PR will make up for your direct financial loss.
3. Take all of the properties off the market.
4. Maintain them until the market for new homes price-corrects due to the now absent foreclosed homes depressing the prices.
5. Slowly add back homes for sale at fair market prices. Over the course of many years, you resolve the crisis and make a healthy profit, and the only real cost is a large up-front investment.

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