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re: I learned something new this last week: Section 8 housing is investment properties
Posted on 1/2/18 at 11:16 pm to SeeeeK
Posted on 1/2/18 at 11:16 pm to SeeeeK
You’re wrong. They can’t charge “ high” rents. There’s nothing discretionary about it. Section 8 housing rents are regulated. The rents are based on a percentage of the area median gross income. In addition, owners are limited as to how much money they can pull out of a project as profit. Lots of misperceptions in this thread.
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