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'Sharpie Parties' Fuel Rampage on Foreclosed US Homes
CNBC ^ | 16 Aug 2012 | Reuters

Posted on 08/17/2012 7:08:31 AM PDT by Abiotic

In the age of Facebook and Twitter, a new crime has hit America: "Sharpie parties," gatherings of revelers armed with "Sharpie" magic markers and lured by social media invitations to wreak havoc on foreclosed homes.

Five years into the U.S. foreclosure crisis, Sharpie parties are a new form of blight on the landscape of boarded-up homes, brown lawns and abandoned streets. They are also the latest iteration of collective home-trashing spurred by social media.

At least six Sharpie parties were reported in one California county in recent months, where invitations posted online drew scores to foreclosed homes.

The partygoers are handed Sharpie pens on arrival by their hosts and urged to graffiti the walls - a destructive binge that often prompts other acts of vandalism, including smashing holes in walls and doors, flooding bathrooms and ripping up floors.

snip

(Excerpt) Read more at cnbc.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: foreclosures; housing; recovery; sharpieparties; vandalism
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1 posted on 08/17/2012 7:08:35 AM PDT by Abiotic
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To: Abiotic

Inhuman Animals lashing out blindly


2 posted on 08/17/2012 7:10:28 AM PDT by GraceG
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To: Abiotic

Easy way to put a stop to all of that. They are no better than looters....Shoot to Kill.


3 posted on 08/17/2012 7:14:08 AM PDT by dfwgator
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To: Abiotic
the end of civilization.

now 3rd world plagues like west nile virus are sweeping the US

when are we going to STOP this insane influx of foreigners into our country!!!

4 posted on 08/17/2012 7:15:36 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: Abiotic

Kids...... the same ones that voted for Obama in 2008....at least now they have something else to do besides worship/vote for “The ONE.”


5 posted on 08/17/2012 7:15:46 AM PDT by Forty-Niner (The barely bare, berry bear formerly known as..........Ursus Arctos Horribilis.)
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To: GraceG

How are the Occupados going to re-occupy homes and reclaim them from Eeeeeeevil Capitalist Bankers if their own 99%ers keep destroying them?


6 posted on 08/17/2012 7:17:15 AM PDT by Buckeye McFrog
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To: GraceG

People are terrible creatures aren’t they.

Who would even waste their time doing something like this.

I was walking my dog on 84th street last night in Manhattan and this fellow around my age (I’m a young 30), came strolling aroudn the corner with an “Obama” t-shirt with his name and face on it.

Without even thinking I laughed right in his face (a true gut reaction to the sight of this).... he said “what?” I said “I’m sorry that was rude, I shouldn’t mock the pathetic to their faces, that isn’t classy”.

He didn’t get it and looked befuddled.


7 posted on 08/17/2012 7:20:00 AM PDT by Individual Rights in NJ (Infidel Inside)
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To: TexasFreeper2009

The government is doing this on purpose, so it won’t be stopped, just expanded..I.E the articles about the long DREAM applicants.


8 posted on 08/17/2012 7:21:01 AM PDT by Individual Rights in NJ (Infidel Inside)
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To: Abiotic

interesting way to get back at the foreclosing bank....post a party at 36 Elm Drive, tonight at 11:00pm...


9 posted on 08/17/2012 7:22:40 AM PDT by B212
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To: Abiotic

This is why people were put out on the street with little notice years ago, and why employers give notice and walk employees to the door.


10 posted on 08/17/2012 7:27:03 AM PDT by Chickensoup (STOP The Great O-ppression)
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To: Abiotic

for later


11 posted on 08/17/2012 7:27:45 AM PDT by Doctor 2Brains (If the government were Paris Hilton, it could not score a free drink in a bar full of lonely sailors)
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To: dfwgator; All
Easy way to put a stop to all of that. They are no better than looters....Shoot to Kill.

You do know there's nobody living there, right? Those houses now belong to the banks.

I doubt there's a state in the union that lets you shoot to kill purely in defense of property.

I don't think what the "Sharpies" are doing is right, but shoot to kill? Out of proportion.

12 posted on 08/17/2012 7:28:56 AM PDT by backwoods-engineer (My game is disruption. I will use lethal force --my vote-- in self-defense against Obama.)
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To: Abiotic

I guess I just do not understand this stuff.

I own a home. I took out a mortgage. I have been paying it for almost 19 years now.

The bank fulfilled their obligation to me. If I lose my job, I do not expect the bank to really take a huge hit. If the value of my home drops, I don’t expect the bank to forgive me.

I appreciate the anger of someone losing their home...but I just don’t get the anger directed at the banks.

Last time I worked at a bank, we did not put guns to anyone’s head.


13 posted on 08/17/2012 7:29:57 AM PDT by Vermont Lt (I am NOT from Vermont. I am from MA. And I don't support Romney. Please read before "assuming.")
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To: Abiotic

Banks sit on property to keep the “value” on the books. They should sell and take the hit but nooo. I would love to own a house in Kalifornia at a reasonable price, so would a lot of people.


14 posted on 08/17/2012 7:31:07 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: GraceG
"Usually [the banks] leave the damage and just drop the price," Krotic said.

I don’t think for one moment my position on this is going to go over well, but I’m still going to stir the pot a bit this morning with my opinion.

Home prices out here in CA are still very high. It’s not as bad as they used to be but still quite unaffordable to any first time buyer. The general sentiment among the younger population is quite pessimistic when it comes to owning their own home. A college bound student has little hope of buying a home and High school dropouts or simple GED holders are in an even worse situation.

Now, I’m not saying this behavior is justified, but I am saying it may be in part due to the frustration of being priced out of the market manifesting it’s self in the form of vandalism. Frustrated and angry youth with nothing to lose and nothing to gain will do a lot of damage.

Ironically, vandalism like this actually drives down the value of the homes and makes them more affordable. It’s a bit of a stretch but in a way this is the market correcting an overprice condition – albeit in an unpopular and unlawful way.
15 posted on 08/17/2012 7:32:07 AM PDT by chaos_5
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To: TexasFreeper2009

The answer is DDT! The mosquito population of the world was under control from the use of this insecticide as was Malaria until 1962 when the leftist tree hugger Rachael Carson wrote her book “Silent Spring”. Millions around the world have died because of the knee jerk reaction banning the use of DDT in mosquito control because of the allegations that were made in the book, many of which have never been substantiated by credible research.


16 posted on 08/17/2012 7:34:28 AM PDT by Big_Harry (Ecc10:2 "A wise man's heart is at his right hand; but a fool's heart at his left")
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To: Abiotic

A short stint in jail or a few months probation isn’t going to impact these morons. Put them into forced labor camps until they pay for the damage they’ve done.


17 posted on 08/17/2012 7:34:51 AM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Big_Harry
until 1962 when the leftist tree hugger Rachael Carson wrote her book “Silent Spring”. Millions around the world have died because of the knee jerk reaction

Sadly she was a Pittsburgh native, and the liberal Democrat skulls o' mush around here have named a bridge after her.

18 posted on 08/17/2012 7:37:10 AM PDT by Buckeye McFrog
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To: central_va
Banks sit on property to keep the “value” on the books. They should sell and take the hit but nooo.

Buy a bank. . .then you can run it any way you want.

19 posted on 08/17/2012 7:37:55 AM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Abiotic

seems like a way to manipulate short sale purchase prices.

One sharpie party and presto, instant 10-20 grand discount.


20 posted on 08/17/2012 7:40:33 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: MEGoody

The perception that banks get away with murder and are never suitably punished for any of their varied transgressions is no doubt a factor here. A bit of backstreet vigilante justice, it seems.


21 posted on 08/17/2012 7:41:43 AM PDT by Buckeye McFrog
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To: MEGoody

Banks can do what they want. Having said that, my guess is their policy in this case is turning frustrated young people into democrats better and faster then any leftist propaganda ever could. Conservative institutions when they behave this way do no one any favors. They deserve the highest criticism.


22 posted on 08/17/2012 7:42:08 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: MEGoody

“Buy a bank. . .then you can run it any way you want.”

If all their “assets” were properly valued per accounting rules and law, one might find them quite inexpensive, if they remain open at all.


23 posted on 08/17/2012 7:50:32 AM PDT by RFEngineer
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To: Abiotic
The banks could extend a little help to the owners to keep the houses occupied but they would let them set empty and

“Usually they leave the damage and just drop the price,” Krotic said.

24 posted on 08/17/2012 7:55:01 AM PDT by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: Abiotic
Anna Hazel, an investigator in the Merced district attorney's office in central California, said the use of social media is a very effective way for partygoers to find the address and to track the progress of the party.... It also provides a treasure trove of evidence for the police.

We've been lead to believe that the younger generations are "tech savvy". Yes, they may know how to download apps, music, and text at blinding speed, but the current Pepsi Generation is no different from their predecessors-- still as dumb as a bag of rocks.

25 posted on 08/17/2012 7:55:50 AM PDT by randog (Tap into America!)
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To: Abiotic

If you want four more years of this crap, an America in decline. Please make sure to vote for Obama or stay home on election day.


26 posted on 08/17/2012 7:58:29 AM PDT by erod (This Chicagoan will crawl over broken glass to vote the fake Chicagoan Obama out!)
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To: dfwgator

I am not against that.

I don’t know what these people think they are doing.

Vandalism is a crime, not a Social statement.


27 posted on 08/17/2012 7:59:39 AM PDT by Venturer
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To: Vermont Lt
I appreciate the anger of someone losing their home...but I just don’t get the anger directed at the banks.

It generally depends on the amount and degree of fraud committed by the bank in the process of pursuing the foreclosure.

28 posted on 08/17/2012 8:02:14 AM PDT by Oberon (Big Brutha Be Watchin'.)
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To: Abiotic

Humans sure can be feral now and then, huh?


29 posted on 08/17/2012 8:04:47 AM PDT by Ted Grant
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To: Abiotic
Two-legged animals, egged on and empowered by criminals like Nancy Pelosi, the OWS losers and the radical democratic "progressive" party generally...

What normal citizen would want to return this criminal government-by-children delinquents to power for another four years?

30 posted on 08/17/2012 8:12:34 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: backwoods-engineer

You may not like that kind of grassroots justice, but there are consequences when thugs and looters invade a neighborhood.


31 posted on 08/17/2012 8:20:42 AM PDT by Kirkwood (Zombie Hunter)
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To: Vermont Lt
If I lose my job, I do not expect the bank to really take a huge hit.

Suppose you owe $100K on a $250K house when you are laid off.

Suppose the bank then "loses" your next payment, and starts applying lots of fines and fees on your loan, and bumps the interest up, all while continuing to "lose" or misapply your payments. Now you owe $300K on that house and are foreclosed on and get nothing. And in some states you still what's left on the $300K bill after the bank sells your house in a sweetheart deal for $150K.

Banks can and do put figurative guns to peoples heads these days.

nakedcapitalism.com is a bit of a lefty site, but they do a good job with stories on such banking corruption. A search on the term 'fraudclosure' would also help with your education.

So while a lot of what the article describes is simple hooliganism, vandalism for the fun of it in this lawless age, there still is reason to be angry with the banks.

As far as your experience at a financial institution, you need to realize that your experience is one end of the scale, and Jon Corzine is at the other. There's a lot of corruption going on between the two ends.

32 posted on 08/17/2012 8:22:12 AM PDT by slowhandluke (It's hard to be cynical enough in this age.)
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To: backwoods-engineer
I don't think what the "Sharpies" are doing is right, but shoot to kill? Out of proportion.

I strongly disagree.
Knowing the cost and years of effort that went into buying and maintaining my home, having a mob destroy it might make me snap.

The appropriate response is a matter of collective decision by society, and the circumstances that trigger the decision. I can see it happening.

Why don't you run a test?
Publish your address on line, let the criminals trash it and let us know if your arrogant, holier-than-thou opinion changes.

33 posted on 08/17/2012 8:32:26 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: central_va
In some markets, if you start selling all the foreclosed properties the bank holding the mortgage will fail.

As long as they don't sell, they keep the value on the books for the full mortgage amount plus some appreciation. Once they sell, they have to write it down.

34 posted on 08/17/2012 9:06:37 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Abiotic

Another test-case for the flash mobs that will cover the landscape in October.


35 posted on 08/17/2012 9:06:48 AM PDT by Old Sarge (We are now officially over the precipice, we just havent struck the ground yet)
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To: redgolum
As long as they don't sell, they keep the value on the books for the full mortgage amount plus some appreciation. Once they sell, they have to write it down.

They are carrying fraudulent value on their books. It is a scam all the way around.

36 posted on 08/17/2012 9:11:47 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Individual Rights in NJ

“dunno what you said to me, but I know I dint like it.”


37 posted on 08/17/2012 9:12:33 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working fors)
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To: Chickensoup
This is why people were put out on the street with little notice years ago, and why employers give notice and walk employees to the door.

I got a first hand view of that issue recently, where decades of experience was ignored with predictable results, when a mentally-challenged woman was planned to be fired, was somehow informed the night before, and mysteriously the office was trashed that same night.

The perp was titularly the manager, but incompetent and inept, protected by "friends" higher up in management.
Unfortunately, there were no witnesses to the damage created, and the folks who first viewed the damage neglected to file a police report.

38 posted on 08/17/2012 9:17:42 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: Buckeye McFrog

After November’s election,those liberals can go jump off that bridge.


39 posted on 08/17/2012 9:20:37 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: publius911
Knowing the cost and years of effort that went into buying and maintaining my home, having a mob destroy it might make me snap.

You obviously can't grasp a foreclosed home is EMPTY and UNOCCUPIED. If you were still there in "your home," a sheriff's deputy would haul you off to jail. The indignation you express doesn't apply here, much less the inappropriateness of "shoot to kill" for vandalism.

40 posted on 08/17/2012 9:24:11 AM PDT by newzjunkey (Election night is 82 days away.)
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To: chaos_5
I agree with everything you said, and would add that this drifts into a related and relevant subject : the artificial extreme rise in the price of homes as a result of "get rich quick" and 'flip houses' scams treating homes as commodities to be gambled with, rather than a life necessity.

But that's a whole other subject.
Unfortunately, as a result, ALL homes in California are overpriced (even in the depressed market) by at least 50%

41 posted on 08/17/2012 9:26:41 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: Abiotic

Breaking and entering.

Criminal trespass.

Criminal mischief.

Vandalism.

What other laws are they breaking here?

Punks. I hope they find them and charge them with everything they can.


42 posted on 08/17/2012 9:29:53 AM PDT by al_c (http://www.blowoutcongress.com)
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To: central_va
Depending on how you look at it, all finance is a scam. Including you taking out a refi to fund something.

The banks are caught (not defending it, but pointing it out). If they start selling the houses, they will fail. If they leave them sit empty, the houses loose even more value and the rest of the neighborhood falls also.

That is why we are seeing things like MF Global not get prosecuted. The banksters have gone to their friends, the politicians, and explained that if the law starts getting enforced, they both will fall. One because most of what is on the balance sheet is gone, and the other because the voters will start demanding to know why they let it happen.

43 posted on 08/17/2012 9:32:10 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

Let - the - banks - fail. It is called capitalism.


44 posted on 08/17/2012 9:37:03 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: dfwgator

I hate to sound like a knuckle dragger but I would seriesly consider contributing to a fund that would make giant woodchippers available for just such parties.. just back it up to the back door of said targeted residences, let the Sharpie ‘rats’ in the front door and.. wellll.. ;-]


45 posted on 08/17/2012 9:42:30 AM PDT by NormsRevenge (Semper Fi)
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To: newzjunkey
You obviously can't grasp a foreclosed home is EMPTY and UNOCCUPIED.

I reject totally your suggestion that, if the perps do the identical damage to an occupied home, but refrain from harming the occupants or threatening them, no serious crime has been committed.

If a murder happens in the forest, and no one is there to hear it or witness it, no crime has been committed?

Your personal moral and ethics obviously prevents you fron grasping that the difference, from the perp's perspective, is zero. He/she/it isn't capable of grasping the difference either.

Your view of a civilized society isn't a place that I want to share. Sorry, Skippy, that's the way it is.

46 posted on 08/17/2012 9:43:48 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: newzjunkey
You obviously can't grasp a foreclosed home is EMPTY and UNOCCUPIED.

I reject totally your suggestion that, if the perps do the identical damage to an occupied home, but refrain from harming the occupants or threatening them, no serious crime has been committed.

If a murder happens in the forest, and no one is there to hear it or witness it, no crime has been committed?

Your personal moral and ethics obviously prevents you fron grasping that the difference, from the perp's perspective, is zero. He/she/it isn't capable of grasping the difference either.

Your view of a civilized society isn't a place that I want to share. Sorry, Skippy, that's the way it is.

47 posted on 08/17/2012 10:13:52 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: Ted Grant

Based on most of history, we current “moderns” have not even the slightly idea of how incredibly feral humanity truly is... thus why the great minds of the world have always placed such special emphasis on the fragility of Civilization.

Civilization does not simply equal organized humans living near each other.

It is a philosophically defined state of behavior in its own right, and one that in history has rarely ever occured to 99% of all time humanitys’ livestyle


48 posted on 08/17/2012 10:27:16 AM PDT by Individual Rights in NJ (Infidel Inside)
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To: central_va

I agree. The fallout will be messy, but that is life.

Thing is they are connected. You don’t get to be that big without buying protection from the government. They don’t want to fail (who does?) and will use the state to prevent that.

Kind of like GM.


49 posted on 08/17/2012 10:32:06 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

I tie it back to the original Chrysler bailout in 1977, it set the precedent and expectation that the government would bail out any company that was “too big to fail”, now the government was concerned about which companies win and lose in the marketplace.


50 posted on 08/17/2012 10:34:53 AM PDT by dfwgator
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