Mary Palmieri Gai, Broker
Berkshire Hathaway Home Services New England Properties
Representing Buyers and Sellers of Real Estate in Lower Fairfield County
Award Winning and Top Producing Real Estate Agent.
Email at MaryGai@Bhhsne.com
"Exceeding your highest expectations"
NEWS FLASH: "PUSH" TO SAVE THE ECONOMY IS A GROUP ON FACEBOOK PLEASE JOIN TODAY.
PUSH HAS ITS OWN WEBSITE NOW HTTP://PUSHTOSECUREHOUSING.ORG
"PUSH" a plan to help the economy!
What if we had ONE plan..
to stabilize the housing market,
to reduce our dependence on foreign oil
to help the environment
to put lots of people back to work
to provide housing for the greater good
to make healthcare more efficient
to improve consumer confidence .. and
to help the economy??
WE REALLY DO!!!!!!
PUSH.. People United to Secure Housing. An idea for now!!
January 9, 2009
I have been a student of the economy for decades, ever since I was a banking loan officer after college. I developed vertigo watching CNBC's quote crawl. As a real estate broker for almost 30 years, supply and demand has been a constant in my life. Here's my idea for the economic stimulus Plan. I am calling it PUSH. People United to Secure Housing. Copyright 2009 Mary Palmieri Gai, all rights reserved.
Each home is a microcosm of the economy as a whole. With each purchase, many things happen after the acquisition transaction. Owners hire service people and purchase items for their new home, which begins a ripple effect from the retail down to manufacturing and raw materials. Property acquisition has both bottom-up and trickle-down economic effects.
The current decline in value in real estate has been exacerbated by the inventory of foreclosures in the hands of many lending institutions that have received TARP money. The decline is enough to affect every aspect of surrounding areas.
Vacant properties are accidents and crime waiting to happen. Vandalism is rampant and many properties are unlivable. Vacant homes are causing property devaluing on their surrounding areas.
There is, and will continue to be, a burgeoning need for housing for the elderly and the disabled especially in light of the aging baby boomers.
Unprecedented economic issues require rapid relief in a demonstrative way on the housing level. What we’re experiencing now requires thinking outside the box with a “can do” attitude.
PUSH, People United to Secure Housing, is an organization whose objective is to work with the federal government and lenders involved in the TARP program in finding timely solutions for the current excess of foreclosed residential property brought on by the current housing crisis.
Since it is well established that the crisis began with housing, which has now caused staggering job loss and a myriad of other economic woes, the solution should begin with housing. This organizatin will be formed to meet the time sensitive and critical need to create jobs by putting people back to work rehabbing properties that are bank owned and then to make use of the housing for the greater good, such as housing for the elderly and the disabled while reducing the surplus housing supply.
PUSH will utilize the most environmentally sound methods of building and use sustainable materials and alternative fuels whenever feasible.
Our staff of professionals, craftsmen, and laborers, will all be US citizens and in need of employment and benefits.
We will operate under complete transparency.
The founder has extensive experience in the arenas of housing for the elderly and that of special needs adults. They have been involved with the successful rehabbing of properties for many years and have resources to mobilize work forces in all areas of the country. The plan is to create a not-for-profit or non profit.
We will secure qualified local professionals, who have experience in their geographical areas and rehabbing crews will be formed. We will create area specific templates to maximize efficiency and operate under complete transparency with assurances to comply with high standard building codes and labor laws. We will use the most sustainable materials as much as possible and will insure oversight in all areas. We will purchase materials locally.
There are currently no reliable figures available as to the number of foreclosures that are in the lender inventories, as it is a highly volatile and fluid situation and prices are dropping rapidly. But they number in the tens of thousands and are growing. Vacant properties in hardest hit areas beg for an immediate solution that will create housing for the greater good; the population that needs it most while, at the same time shrinking the supply of homes which has been artificially high, and putting people to work.
We will be entirely reliant on the banks’ over supply of foreclosures, and their assumed willingness to participate in this program in light of the Tarp bail-out package the government is currently making available to them. We will need also need funding from federal government to help us coordinate “shovel-ready” teams to operate with appropriate, aggressive plans to provide immediate relief of the current situation in both housing and employment.
PUSH intends to
- Secure funding from the federal government and operate with total transparency as a non-profit national agency with open invitations of input and oversight by federal officials
- Mobilize the workforce and begin to set up necessary teams with qualified foremen and/or team leaders. We will provide benefits, first under COBRA and then have our own healthcare plan.
- Create area specific templates to utilize the most effective pipeline for materials and services.
- Identify properties to rehab for greater good of the population.
- Use sustainable materials and alternative fuels wherever and whenever possible lessening our dependence on foreign oil.
- Identify properties of historical significance for special review.
- Be parent providers for the population that needs housing, and then eventually turn the properties over to qualified providers who will also operate under complete transparency.
- Involve the car companies with bailouts to supply some vehicles for PUSH.
Our mission is to mobilize quickly and be “shovel ready” with inventory and personnel to proceed with local, state and federal agencies on board with the understanding of the apparent urgency and to provide solutions that will benefit local, state, and federal government and the economy as a whole.
We will create standards and qualify teams as PUSH teams and providers as PUSH providers.
We are ready to serve either as a pilot program for one area or to mobilize the entire network of teams to implement our vision to create timely solutions for our most pressing problems.
My response to some questions from a friend who has read over this page..