“Wonder how long it’ll be before Obama starts ordering single family homeowners to give up their spare bedrooms for “poor families?”
Likely the administration will simply issue and executive order allowing HUD to target specific “affluent” neighborhoods and then use federal funds to buy houses in those neighborhoods, as they come on the market. The purchased houses can then be sold or rented at a reduced price to people who could not normally afford them. Likely the beneficiaries of this program will be selected with the help of community organizers and activists to ensure the new communities are blessed with new neighbors who will bring the provide the complete urban experience.
I wouldn’t put it past them to force ineligible or low income prospects into those properties by forcing banks to bump their offers to the top of the list, even if the offer is less than others made.