The mayor of Portland, Ted Wheeler, has apologized to the occupiers of the “Red House on Mississippi”, a home in the Humboldt neighborhood of Portland, Oregon. He has also agreed not to remove the occupying family while they negotiate with the current owners of the home, who purchased it during a foreclosure sale.
The story behind the foreclosure of this home is much different than that being presented by the protestors/occupiers: the simple (alleged) truth is that the prior owners obtained a mortgage on the property to pay legal defense expenses for a relative, but failed to pay it back. It’s not a race issue; it’s not a gentrification issue; it’s not an indigenous peoples issue. They simply didn’t pay their mortgage, and – just as would happen to you or I under the same circumstances – the home was foreclosed.
Mayor Wheeler’s refusal to enforce a court-ordered eviction and protect the property rights of the new owner is contrary to establish law and the principles of our nation. His failure to enforce the law lends credence to lawlessness, and will only embolden those who are in foreclosure proceedings to establish their own “occupation” to prevent seizure of bank-owned properties.
I wonder how banks will alter their lending practices in Portland when they realize that the local government will no longer enforce court-ordered repossession of collateral property associated with secured loans. Will real estate or vehicle loans come with additional costs associated with the more difficult repossession process in Portland, or will banks simply refuse to make secured loans based on local law enforcement’s unwillingness to secure the property interests of the lender?
Below are additional articles that may shed some light on the motivation and true purpose regarding the occupation of the “Red House on Mississippi”:
Anti-fascist, sovereign citizen tactics combine at Red House