16 Feb '12, 8pm

Five creative reuses for foreclosed houses

Five creative reuses for foreclosed houses

"Foreclosed Dreams" by street artist Banksy. (Photo by Finger Food.) Last week, big banks agreed to fork over $26 billion to make up for some of the bungling and malfeasance that led to the massive national mortgage meltdown and economic implosion. Their misdeeds included everything from sloppy paperwork to cases where banks actually foreclosed on homes that they did not own. Seriously. Most of the money will go to people who are “underwater” with their home loans, meaning that they owe the banks more than the house is now worth. Never mind that hundreds of thousands of people have already been booted from their homes, or have thrown up their hands and walked away. This leaves the obvious question: What do we do with all these empty houses? I did a little poking around, and found quite a few creative reuses for these places. Here are my five favorites: 1. Turn them into wi...

Full article: http://grist.org/cities/unbroken-homes-five-creative-re-u...

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