:: Solutions to the Homeless Problem ::

:: Tuesday, December 18, 2007 ::

Subprime is not a difficult problem to solve. One solution is provide cash assistance like California State help poor senior homeowners to pay property tax to San Francisco City Government, and place a lien on the property that needs to be paid back when property transferred at death or earlier.


It costs no money from taxpayer, nor mortgage lender. And 2 millions families can save their home that eventually will have equity catch up.


HUD may be the office to handle this, and the procedure may be similar to Section 8. After all, it would be much cheaper to provide cash assistance as "loan" with "lien" than "grant" as Section 8 voucher after they become homelesss.
:: Mr Cheng 2:35 AM [+] ::
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I just wrote a letter to Trulia at job@trulia.com (see below) trying to see if I can help millions of American families to sell their home at much faster and cost effective way. I think this is one time of a life opportunity to do Nobel Prize level of contribution to the world, and, interestingly, it could be winning both Economics and Peace Award at the same time. Why?


The basic model is to trade real estate like stocks; that is to say low cost trading and liquidity of American families' most asset. This is part of the Economics invention.


The other part of this is that many homeless people would be able to find and afford to own a home like anyone can easily jump into stock market to buy 1,000 shares of penny stock. But the difference is that penny stocks are just paper, whereas, real estate when bought can live in, even if it does not worth much at the time. Even better, when lots of people move in to a community, the value will automatically come back up.


Dear Trulia,

I feel I can contribute tremendously to Trulia services during current real estate market situation.

Although I went to UC Berkeley both under and graduate with EECS/CS major and worked for Bell Labs and Wall St companies years, my true capacity is in real estate, especially, "downside or buyers market".

I have used Trulia for a while, and I believe if Trulia adopt my Web 3.0 Methodology, it would become a very powerful service that help millions of American families to sell their home, and, of course, Trulia itself will 100 fold its revenue.

I have a prototype that helped thousands of condo/townhouses in the Greater Edison NJ area sold for past months, and I wish to expand it to all over the United States so that many desperated sellers who have to sell can sell quickly. I have a track record of able to sell any condo/townhouse within 7 to 14 days with my web 3.0 tools.

If Trulia believe can take advantage of the methodology I invented, please feel free to let me know, and I would be glad to provide a demo or professional presentation.

Cheng
p.s. Both Google and Yahoo are very interested in my web 3.0 technology, but I feel Trulia can be more fit since it is a real estate service.
:: Mr Cheng 12:46 AM [+] ::
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Hire Back All AT&T Bell Labs and Lucent Laid Off's


If you read the "insiders" documents by the National Association of Realtors (NAR), as 2006 came to a close, there was a marked decline in the month's supply of inventory available on the market, down from an average of 7.2 months to 6.4 months nationwide. The decrease in inventory was largely attributed to the late-year increase in sales, accompanied by fewer new listings entering the market. As the market continues to heat up in 2007, many experts are predicting that the month's supply of inventory could drop to under the six month mark - the point at which the market is deemed "normal and balanced" by our definition...


This is to say the Epidemic Network I designed is so powerful that was able to bring the real estate back and helping hundreds of thousands Amercian who have been suffering not able to sell their house when they have to.


When Lidia Levin of Re/Max said the seller cried out loud while I got her 3br 2hba townhouse at Village Pointe sold in 3 weeks after paying 2 mortgages for over 14 months. Joan's daugher was so glad that Joan finally can buy a 2br condo near her home after I got Joan's 45 minutes away Edison Hollow South condo sold to an investor in cash.


The Epidemic Network has got hundreds of thousands homes sold since last September, directly, indirectly, 2nd degree indirectly; it is like a domino effect keep going on! So, I am going to move on working on another homeless solutions. Well! I can not continue on the Epidemic Network because I have SOLD OUT too many condo/townhouses complexes already, if I continue, the price jump will start again, which not good for many other Amercans families who are looking to buy.


The next Homeless Solution is simple, I want to hire back hundreds of thousands American talents who got laid off by AT&T Bell Labs, Lucent Technologies, Telcordia, Avaya, ...etc. For example, Lucent used to have 153,000 employees and after 911, downsize to 35,000. Many researcher and engineers of Lucent was forced managed (laid off) and became security guard, casher, property management clerk, realtor, ...etc. These talented Americans with numerous years of high tech experience at Bell Labs and with Master or Ph.D degrees, and many of their parents and grant parents worked for Bell Labs, AT&T ...etc.


They could NOT find any IT or high tech job for years, and after 2 years, no recruiters would be interested in them since they were considered NOT qualified by these American Non Technical recruiter. But, I have to tell you, one who used to do C++ programming, even not do it for 10 years, he can still do C++ programing very well! Unix is in their mind, and they can write shell scripts.


So, I am going to work for a company called SysAir as COO (Chief Operations Officer), and I plan to hire all them back to high tech area. I want to rebuild the high tech spirit of Americans, as opposed to outsourcing or offshoring to other countries. I want to prove to you, we can reuse American talents and motivate them to train our next generations so that the glory history of Bell Labs will reemerged.


:: Mr Cheng 12:02 AM [+] ::
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