Foreclosed Homes: A Local Blight | 3/18/2008 7:45:00 PM Time.com - Repossessed houses have become the refuge of criminals and vagrants in one area hit hardest by the mortgage crisis. Transients often move in, steal the power, tear apart the walls and floorboards in search of valuable copper wires and piping and set fires to cook drugs or keep warm. Source: Yahoo! Permanent link to Foreclosed Homes: A Local Blight