I've said time and time again that all of these empty houses sitting around seems like such a waste. In some cases I would think it would be better for the bank to leave the homeowner in the house and get what they can instead of foreclosing on them and getting nothing while the house sits there and rots to the ground. Getting renters into these houses also is an option. However, let's leave the government out of it. They don't have a real good track record. They will just add lots of red tape to the process which will leed to long waits and expensive fees to pay. Government Considering Renting Foreclosed Homes - WSJ.com
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