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To: vbmoneyspender
"many times worse than being in Section 8"

really?

15 posted on 10/14/2013 4:23:16 PM PDT by mdittmar
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To: mdittmar
"many times worse than being in Section 8"

Really

Yes. Section 8 housing has never lead to a housing bubble. On the other hand, giving out loans with nothing down so that the homeowner has no skin in the game is literally the exact same behavior that led to the Great Recession.

This isn't some obscure fact. It is well-known that unrestrained lending (pushed by the feds) led to the housing bubble. Even Barney Frank has acknowledged it. The fact that we are engaging in the exact same behavior again and putative conservatives are applauding it because it leads to home ownership is deeply disturbing.

18 posted on 10/14/2013 4:36:05 PM PDT by vbmoneyspender
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