Speaking Of Section 8


#21

I also have a couple sec 8 tenants. The good thing about sec 8 is that its rent is very competitive with market pricing, so it’s the opposite of rent control.


#22

I like section 8 and dislike rent control :rofl:

Every year Seattle should issue awards to section 8 landlords to appreciate their acceptance of section 8 tenants. It’s stupid to force landlord to accept section 8 and make accepting section 8 unattractive. Just give honors to section 8 landlords and let it become fashionable and honorable to accept section 8 tenants.


#23

Didn’t Seattle pass a law last year that landlords are required to rent to the first qualified candidate who turns in an application (or walks through the door)?


#24

I have a dream. Someday I’ll buy a mansion in pacific heights and rent to a good section 8 tenant.

My second dream is a Palo Alto mansion with a section 8 tenant.


#25

Yup.


#26

I think you would still be bleeding cash flow for that even if paid all cash (rent might not even cover property tax alone).


#27

:joy:Well I think section 8 pays more for the WSJ house peter pan is trying to lease. Wsj should have more section 8 tenants to increase its market rent.

High end neighborhood usually has a negative cash flow anyway. I’ll be a social justice warrior in that case and economic consideration would be secondary


#28

#29

Bunch of cry babies.

I said that some hypocrite landlords here accept section 8, which is a government thingy. Then, you can’t stop them from insulting the government. :rofl::rofl::rofl:


#30

Something to watch out for… you know how we have copy cat cities here.


#31

#32

$260M on 700 units in Wiscousin. That’s $350k per unit. Can’t they buy new apartment buildings or even new single family houses below those price? With the public land, they should have a lower cost per unit.

Milwaukee median home price is only 118k. Government is a huge waste, we definitely need to minimize the government. Nobody can afford an expensive and huge government.

“But between 2009 and 2015, the city received grants totaling $260 million from HUD to redevelop the neighborhood.”


#33

Yes. Because once a large population of “undesirable” people are dependent, you can argue to exterminate them for the benefit of the country… Eugenics in action.


#34

Do you think that’s the end game? Once those people are dependent on government, then they are a guaranteed voting block. Why get rid of people that’ll vote for you no matter what? Although, your theory makes sense when you consider planned parenthood. It’s primarily in low-income and minority neighborhoods. The irony is Hillary would have won easily if PP didn’t exist.


#35

I don’t know that it’s intentional, but the way the country is going, I see it as a real and significant danger.


#36

You can fire the nanny when the nanny becomes too expensive.

What do you do when the nanny state becomes too expensive? You can’s fire your government, at least 99.999999% can’t.


#37

#38

Sorry I missed the chance to respond.

Yes, sarcasm is my thing.

and yes, I abhor section 8 landlords who just throw the key at their tenants and never come by to see the destruction (some of them, at least the ones I have lived with) they cause to the neighborhood.

We got read of one section 8 home on my block, another one remains. You can’t even walk to the corner facing their home, they yell at you for “taking pictures/videos” when you are just visiting your friend in that corner.

That’s been my point, the negligence from landlords watching over these people in section 8. Are they all bad? I doubt it. I can’t generalize, but in my case, my own experience, something is wrong with their attitude towards people around them.

That’s all.

If you are different to the ones I described, congrats. Keep the good job going!