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Bankruptcy for Military Housing?

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Yesterday, I introduced the community to cuts being made to the military Basic Allowance for Housing - a cut that will harm enlisted families far more than the officers who are recommending the changes.
BAH for junior enlisted troops can amount to 30 percent to 50 percent of total monthly pay, compared to officers whose housing allowance may make up about 15 percent to 30 percent of their pay.

http://www.navytimes.com/...

But the problem could be considerably worse for those living on military bases. Companies that have been contracted to manage base housing may have problems meeting their debt payments. You know what that means - potential bankruptcy.

Do we have a mini-housing crisis brewing on federal property?


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