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Rescind foreclosure movement benefit walking tour
Date Saturday December 24
Time 9:00 AM - 12:00 PM
Location Details
American Youth Hostel
312 Mason St.
SF, CA 94110
Event Type Teach-In
Organizer/AuthorDavid Giesen
There's Occupy Wall Street motion afoot--indeed already applied--to embarrass, annoy, argue banks into rescinding foreclosed mortgage sales and restoring evicted owners to occupancy.

Come along on this walk which reaches deeper into the implied thinking behind recalibrating mortgage debt to align with current real estate valuation. Why should that calibration only occur once, and now?

And why should, if and when real estate values rebound, the owners get to sell or rent at that then higher valuation after having their mortgage now revisited in their favor?

What if full annual land values were paid as property tax (recalibrated annually) and neither banks nor private parties benefited or suffered from fluctuating land values, but simply paid that dynamic rent to community?

Come along on this walking tour of San Francisco real estate social history, and we'll donate $25 for each attendee (who mentions this offer) to the City College of San Francisco Kate Kennedy Scholarship Fund.
Added to the calendar on Thursday Dec 22nd, 2011 1:45 PM

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