When I first saw this topic, I assumed it was some proposal to criminalize and actually prosecute the destruction of houses committed by the people who owned and lived in the houses, or at their invitation. As far as I can tell, the greatest loss of value right now from the foreclosures is this destruction, not the neglect by the banks after they gain possession.
What do the RE experts think is the relative importance of these two factors? 50/50? 20/80…?
