Intervention of California governor helps Moms 4 Housing group score victory in fight against state’s homeless crisis
The homeless mothers who took over a vacant house in Oakland, California and occupied it for almost two months will be allowed to purchase the property – a major victory in a movement working to keep such homes out of the possession of speculators.
The group Moms 4 Housing entered the house on Magnolia Street on 18 November with the intent to stay. The house had sat vacant for more than two years before it was purchased in July at a foreclosure auction for $501,078 by Wedgewood Properties, a real estate investment company with a history of buying up foreclosed-upon houses cheaply, evicting the tenants, renovating the homes and then putting them back on the market at much higher prices.
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