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I learned something new this last week: Section 8 housing is investment properties
Posted on 1/2/18 at 9:50 pm
Posted on 1/2/18 at 9:50 pm
Let me state this another way: large corporations and investors BUY Section 8 housing units to MAKE A PROFIT. To say it again: our most vulnerable, the elderly, the disabled, those living in poverty, are LITERALLY making money for corporations by living in government housing. To be clear: these companies are making a PROFIT while these individuals and families are living in substandard, unhealthy conditions where they aren’t even able to control the thermostats, where they have to bathe in a 50* bathroom, where the lease states it is up to the tenant to pay for Fair Housing Act provisions.
TO SUM IT UP: SECTION 8 HOUSING MAKES BILLIONS OF DOLLARS FOR CORPORATIONS AND LEAVES OUR CITIZENS LIVING IN SQUALOR. Trickle down economics my entire arse.
TO SUM IT UP: SECTION 8 HOUSING MAKES BILLIONS OF DOLLARS FOR CORPORATIONS AND LEAVES OUR CITIZENS LIVING IN SQUALOR. Trickle down economics my entire arse.
55
Posted on 1/2/18 at 9:52 pm to GreatLakesTiger24
Obama did it.
Posted on 1/2/18 at 9:52 pm to GreatLakesTiger24
BREAKING: people exploit poor people that don't have any other choice!!!!!
Also, are you not familiar with dabigfella? Dude loved bragging about being a slumlord.
Also, are you not familiar with dabigfella? Dude loved bragging about being a slumlord.
Posted on 1/2/18 at 9:52 pm to GreatLakesTiger24
Well let’s kill 2 Birds with one stone and just Eliminate section 8.
Posted on 1/2/18 at 9:52 pm to GreatLakesTiger24
So investors are supposed to buy rental property to break even or lose money? 
Kibbles post that?
Kibbles post that? 
Posted on 1/2/18 at 9:53 pm to GreatLakesTiger24
Who did you think owned them?
Posted on 1/2/18 at 9:53 pm to GreatLakesTiger24
I’m with you baw. No more Section 8.
Posted on 1/2/18 at 9:53 pm to GreatLakesTiger24
Would you rather no one did it because it was not profitable and they all end up homeless? Because that’s what it sounds like.
Posted on 1/2/18 at 9:53 pm to GreatLakesTiger24
so, you think landlords should not be allowed to make a profit on their investments?
Posted on 1/2/18 at 9:54 pm to GreatLakesTiger24
quote:
Let me state this another way: large corporations and investors BUY Section 8 housing units to MAKE A PROFIT. To say it again: our most vulnerable, the elderly, the disabled, those living in poverty, are LITERALLY making money for corporations by living in government housing. To be clear: these companies are making a PROFIT while these individuals and families are living in substandard, unhealthy conditions where they aren’t even able to control the thermostats, where they have to bathe in a 50* bathroom, where the lease states it is up to the tenant to pay for Fair Housing Act provisions.
TO SUM IT UP: SECTION 8 HOUSING MAKES BILLIONS OF DOLLARS FOR CORPORATIONS AND LEAVES OUR CITIZENS LIVING IN SQUALOR. Trickle down economics my entire arse.
It's essentially privatizing public housing.
The alternative would be much worse.
Posted on 1/2/18 at 9:54 pm to GreatLakesTiger24
Yep, pretty much kills towns and schools and hospitals, while enriching the slave masters...Has it killed your towns?
Posted on 1/2/18 at 9:55 pm to GreatLakesTiger24
Yeah no shite. How are you just now learning this?
Posted on 1/2/18 at 9:55 pm to GreatLakesTiger24
Umm as a commercial insurance broker who places lots of large habitation schedules let me say ... duh.
I guess I've never thought about the fact that other people don't know this.
Section 8 money is the best money, because it's guaranteed and is deposited straight in the landlords bank account each month by Uncle Sam.
I guess I've never thought about the fact that other people don't know this.
Section 8 money is the best money, because it's guaranteed and is deposited straight in the landlords bank account each month by Uncle Sam.
Posted on 1/2/18 at 9:55 pm to GreatLakesTiger24
BREAKING NEWS: Companies expect profits from their investments. Growing trend or passing fad?
Posted on 1/2/18 at 9:55 pm to GreatLakesTiger24
Section 8 is the Worst government program in human history, with the possible exception of Vlad the Impaler’s tourism bureau.
Posted on 1/2/18 at 9:55 pm to GreatLakesTiger24
There are millionaires that make a lot of money off of a small percentage of the country that are upper middle class and/or wealthy.
There are also millionaires that make a lot of money off of a large percentage of the country that are lower middle class and/or poor.
Are you really just discovering this?
There are also millionaires that make a lot of money off of a large percentage of the country that are lower middle class and/or poor.
Are you really just discovering this?
Posted on 1/2/18 at 9:56 pm to GreatLakesTiger24
it for tax credits, not profit and Trump is largely doing away with it,, now your 3o yr grandmother will have to pay rent instead of leasing a caddy
Posted on 1/2/18 at 9:57 pm to GreatLakesTiger24
I blame the whites.
Posted on 1/2/18 at 9:57 pm to GreatLakesTiger24
Of course it is
slumlords love section 8, as long as they meet the minimal guidelines, they can charge high rent, and our tax dollars line these jackasses pockets.
What you have going on now, is shitheads from Tejas buying up houses in blighted/run down areas, and renting them out to even bigger shitheads, and what was sort of a turd area turns into a full pile of shite. And we keep paying for these shitheads.
slumlords love section 8, as long as they meet the minimal guidelines, they can charge high rent, and our tax dollars line these jackasses pockets.
What you have going on now, is shitheads from Tejas buying up houses in blighted/run down areas, and renting them out to even bigger shitheads, and what was sort of a turd area turns into a full pile of shite. And we keep paying for these shitheads.
Posted on 1/2/18 at 9:57 pm to GreatLakesTiger24
Government should manage it all, as evidenced by the Calliope and the Magnolia projects.
And at blaming a government safety net on trickle down economics.
And
at blaming a government safety net on trickle down economics. 
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