When University of Dayton professor Bob Brecha and his wife decided to have a home built awhile back, they were intrigued by the idea of having straw as the key ingredient; stacks of it, covered by mud plaster. And if that sounds flimsy, possibly cold, listen to his story of the making of a strawbale house in Yellow Springs.
Cities in Ohio and around the country are continuing to recover from the housing bust, but some neighborhoods may be having an easier time than others. A new study by the National Fair Housing Alliance (NFHA) finds banks are doing a better job with upkeep on foreclosed homes in white neighborhoods than neighborhoods of color.
NFHA worked with groups in 29 metro areas, including Dayton and Toledo, to inspect thousands of bank-owned homes.
Recently Dave Chesar of Oakwood heard a story we did about the 6,000 abandoned properties in Dayton.
"At the end of the piece it said that the one thing that needs to happen is people need to start purchasing the properties," Chesar said. So he wondered: how do you actually do that? Who do you call? Is there a list? "Who really is the person, or group that can kind of transform those 6,000 vacant and distressed properties into properties that have a name, price and location?"
Last month WYSO reported that an Illinois-based hedge fund had purchased about one in eleven homes in the town of Huber Heights. The company made national news by asking Montgomery County to reduce its property taxes by over a million dollars. Now the results are in—and they weren’t as hard on the local budget as expected.