>>I can’t wait till the upper middle-class gated neighborhood in which I reside is turned into a Section 8 slum.<<
People vote with their feet.
Block busting didn’t work in the 50s and it won’t work now.
I follow the economy very closely and one of the problems the talking heads complain about is persistent weakness in the housing market.
My suspicion is that laws and regulations like this are seriously depressing house buying. For one thing...who wants to get stuck with a 30 year mortgage on a house that might, next year or the year after, be mostly HUD rental neighborhood. That happened to us and we barely got out with our wallets intact.