so these people will no longer be able to purchase properties

and thus the few people willing to buy these worthless properties from whomever won't

so these worthless properties are now unsellable, what do you think is going to happen to them?

repo'd, abandoned, put on the auction block with no takers, no maintenace, ,no upkeep, same as before....

but, at least another government beuacracy has been created and a few new jobs pushing paper

and since/if these properties are worthless, which they pretty much are, only purchased for speculation, what tax money is being paid, isn't the property tax based on the assessed value? why is the city still trying to collect money on worthless property???