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    Home»New York

    Expert warns homeowners may need to take action due to squatter crisis

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    By News Team on April 21, 2024 New York, News Briefing
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    Real estate mogul Shawn Meaike is sounding the alarm on the squatter crisis, warning that frustrated homeowners may resort to vigilante justice if law enforcement continues to be reluctant in dealing with the problem. Meaike, a 51-year-old podcaster and serial entrepreneur, expressed his concerns to The Post, emphasizing the need for stricter laws to prevent potential violent confrontations.

    Meaike highlighted the growing issue of squatters taking over properties they don’t own or rent, citing lenient laws that allow them to claim legal occupancy after just 30 days in New York City. He emphasized the financial and emotional toll this phenomenon can have on homeowners, especially in a challenging real estate market.

    While Meaike acknowledged that some individuals may be driven to squat out of necessity, he also pointed out cases where squatters take advantage of weak laws for personal gain. He called for tougher enforcement by law enforcement and advocated for homeowners to take proactive measures to protect their properties.

    As someone who has experienced the stress of collecting rent and managing properties, Meaike empathized with homeowners facing squatter issues. He urged for a change in laws to prevent such situations from escalating and potentially leading to devastating consequences for property owners.

    Ultimately, Meaike emphasized the importance of safeguarding the American dream of homeownership and wealth-building through real estate, urging for action to address the squatter crisis before it spirals out of control.

    Housing Crisis New York City Real Estate squatter crisis
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