Wouldnt a lottery work to unload all these foreclosed homes

Search

Self appointed RX World Champion Handicapper
Joined
Nov 20, 2001
Messages
15,052
Tokens
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
Messages
3,297
Tokens
Sounds like a pretty good idea to me,but Im sure theyd rig it.Crooks are crooks.
 
Joined
May 12, 2009
Messages
773
Tokens
They already had a lottery, it was called sub prime lending and no income verification loans.

We lost.
 

Forum statistics

Threads
1,108,193
Messages
13,449,324
Members
99,401
Latest member
gift-express
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com