r/POLITIC•
PoliticBot

The elderly and other vulnerable homeowners are losing their homes because they owe as little as a few hundred dollars in back taxes because of Outdated state laws allow big banks, local governments, and other investors to reap windfall profits by buying the houses for a pittance and reselling them

politics|Ze_Carioca
nytimes.com/aponline/2012/07/10/us/politics/a...
nytimes.com

Posted Jul 10, 2012, 4:35 AM UTC

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