http://www.nytimes.com/2004/09/22/ny...agewanted=2&hp
Section 8 vouchers in the NYC area will be for lower values this year, because the value is now calculated based on a number that includes surrounding suburbs.
Now, if somebody points out that some of the suburbs don't have any section 8, maybe lights will start going off. OTOH, maybe the light that goes off will be to only include the rents of those suburbs that do have section 8. Something tells me, including only the suburbs that have section would probably bring the average down even further for a place like NYC (as compared to including all suburbs).
Boy, this could break either way at any time.
Hello