The Online Home-Sharing Solution to American
Foreclosure
by Lillian Bonar
Essay: The Online Home-Sharing Solution to American Foreclosure
Pages: 11
Rating: 3 stars
Download Links:
• The Online Home-Sharing Solution to American Foreclosure.pdf
• The Online Home-Sharing Solution to American Foreclosure.doc
The American foreclosure crisis is becoming more serious by the day. According to News America Media, “In
November, there was a 56 percent increase in foreclosure notices sent out to homeowners compared to last year”
(Fuentes).Families are being forced out of their homes, which strains marriages and begins to dissolve the
American family structure. While the situation appears dire, hope is not completely lost. It is vital that we do not
wallow in self-pity, but press on to find new, creative solutions to our problems. We must also be sure to employ
all of our resources, especially those that may not have been available in the past.
Technology has revolutionized Generation Y, almost isolating it from its previous generations. If a social question
arises, Facebook and Skype are viable solutions to answer it quickly and efficiently. Craigslist and Ebay provide a
way for buyers and sellers to congregate and utilize an active secondary market. For factual inquiries, Google
supplies quality information at the click of a mouse. While the adaptable members of Generation X have grasped
the importance of the internet as a problem-solving tool, others of that generation scoff at these new solutions as
impractical or idealistic. Generation Y will undoubtedly continue to utilize the internet, as it has undeniably made
collaboration more proficient. I believe that we should use Generation Y’s lust for technology to conquer the
housing crisis.
A method to combine this technological revolution and the foreclosure crisis is to create an online database for
those wishing to share housing. I recently discovered a family in Grand Rapids, Michigan who has decided to
pursue this shared housing arrangement. In this instance, the homeowner bought an ...
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