A combination of increased risk and decreased ability to absorb that risk puts renters in subsidized
housing in a bad position.
Not exact matches
The alliance between the new president and the far right and his appointment of Steve Bannon to a powerful
position in the White
House has,
in essence, given permission to some of the
worst people
in our society to act upon their
worst instincts.
As a military officer, he is used to being
in a
position of dominance, yet here he finds himself confronted with a form of knowledge that offers him no landmarks, nothing to hold on to: «We marched down the ranks
in that colossal store
house of books, and I don't mind telling you I was not particularly overwhelmed; those rows of books are not particularly
worse than a garrison on parade.
If you owned a
house, you were
in an even
worse position in many cases.
At best, you have to sell your
house and pray you get offered enough to cover how much you owe... at
worst, you lose every penny you invested
in your property and destroy your credit (which is a
position a lot of people found themselves
in after the recession hit).
«You can bet fair
housing is going to be front and center, and we're going to be
in a
bad position if we're not ready to tackle this issue.
Years after the
worst housing crisis
in American history, homeowners who managed to buy low and hold are now
in a enviable
position, depending on their location.
I ended up
in a similar
position, though, when I repossessed a
house from a hard money loan gone
bad.