The National Real Estate Post’s topics are always so interesting and fascinating that when they are good I must share them, like the one yesterday about Section 8 housing. Today, there is a classic partisan battle brewing over the direction and possibly the entire existence of the Consumer Financial Protection Board. Make no mistake, I have never been in favor of this agency, mainly because (even as stated in the video) the U.S. has a plethora of financial oversight agencies – why the need for another? Especially one that is solely funded by fines?
The average consumer probably has no idea about this agency and how it has affected their own transactions with banks and their mortgages, however my industry friends should watch.
This will be an interesting move one way or another.
David Madaffari, Realtor
Section 8 has always been a political football for politicians, and a debating point among working people. The issue is simple: should those receiving government funds for housing have time limits and work requirements attached to the vouchers?
In the video below, Frank and Gary at the National Real Estate Post discuss the comments made by both outgoing HUD Director Julian Castro and incoming director Ben Carson, and the details surrounding this debate really changed my perception as to the government’s obligations with the program.
Watch the video and give me your thoughts. What do you think about Section 8?
This gem in 70817 was foreclosed before the flood, and now has been gutted. Great potential! http://ow.ly/ausr305CZHY
Lost in the cleanup shuffle is getting your pool cleaned out and back in order. These are good people and can have your pool clear in 4 days.