Wouldnt a lottery work to unload all these foreclosed homes

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Self appointed RX World Champion Handicapper
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Nov 20, 2001
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Banks have all these homes on their books . Why not have a lottery for each of them .

Set a price to get them out from underneath it and as soon as that much is sold in tickets , pull the winner.

Say 5 bucks for a house.

All you would owe is taxes and insurance each year..
 

ONE
Joined
Jul 25, 2008
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Sounds like a pretty good idea to me,but Im sure theyd rig it.Crooks are crooks.
 
Joined
May 12, 2009
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They already had a lottery, it was called sub prime lending and no income verification loans.

We lost.
 

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