[a real Sheila]

Sooner or later, all those nice, BIG, surburban foreclosures, which are now fannie/freddie/GOVERNMENT owned will become the new housing projects of the 21st century.

I have NO DOUBT this will happen. I truly believe it has been the end-game plan all along, way back when those bad housing loans originated.

Every single neighborhood will be flooded with low-lifes.
EXCEPT neighborhoods of members of congress and potus.

This is another part of the redistribution plan.

[Buckeye McFrog]

Where I live we have something called the Saunders Decree. Some black plaintiffs about 15 yrs. ago sued claiming that the Section 8 housing that was available to them was in majority black areas, and hence, RAAAACIST.

So the County entered a Consent Decree under which they must actively move as many of these tenants as possible into more posh (white) suburban neighborhoods. They have actually been buying up houses with OUR TAX MONEY to do so.

[fatnotlazy]

I live in a working class neighborhood. We have a lot of big old houses that no single family wants. They are too big to maintain and the utilities are too expensive. So most are now Section 8. Many have been subdivided into apartments. So you could have maybe 20 people living in these houses.

These homes were beautiful at one time. Now they look like crap. One
of them had a fire a few years ago. The fire actually improved the appearance of the house. Nearly all of them have broken windows and doors. I guess if someone else is paying for your home, you don't care.

The idea was to get low income people out of the slums and into better neighborhoods. But many of these people have turned these neighborhoods into the slums they once lived in.