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re: I learned something new this last week: Section 8 housing is investment properties
Posted on 1/2/18 at 9:54 pm to GreatLakesTiger24
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.
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