Section 8 Housing Choice, and the Foreclosure Market

Posted on June 19, 2008. Filed under: HOUSING | Tags: activism, activist, benefit, choice, congress, entrepreneur, flip, foreclosure, good, governance, help, homelessness, HOUSING, housing authority, hud, investor, lease, legislature, mortgage, option, poor, poverty, reform, renter, rights, section 8, society, subsidized, subsidy, voucher |

The foreclosures are piling up, investors and middle class homeowners are losing their speculative real estate investments and even primary residences. Meanwhile, section 8 renters have been unable to find anyone willing to rent to them. A couple of years ago, the statistics show that somewhere in the neighborhood of 30 percent of section 8 [...]