Seems the recession and housing crisis has made S8 a coveted tenant pool.

Frankly, I am offended that taxpayers have to pay high prices for the poor with some of the most expensive property in the city.During the foreclosure crisis, when the entire project was hurting, I was looking at a very small unit facing the street for close to 300k.

Something you should consider is that our country's massive debt and deficits could suddenly put us through something much worse than the 2008 financial crisis.

The foreclosure crisis will pass.

Everything else aside, I think it's nice to see the both the public and private sectors trying to be creative to solve the housing crisis.

In states with judicial foreclosures and all the backlog from the credit crisis, the courts are overwhelmed with cases that it can take a couple of years to foreclose.Also if your seller has filed for bankruptcy it may halt the foreclosure until the bankruptcy is resolved.

This widens things up considerably for those of you delving into the gray, ethically questionable areas of this mortgage crisis.

There are many law firms that have gone up against the banks since the onset of the banking crisis to try and get loan modifications or other concessions for their borrowers.

One of the drivers of the mortgage crisis was the US model of origination with intent to distribute the risk.

Part of me sees leaving the scene if there's an injury as a horrible thing to do as a human-- while part of me wonders if they had some personal crisis or hit a parked car and planned on contacting the person later to pay for damages.