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re: Blackrock is buying every single-family house they can & paying 20-50% above asking price
Posted on 6/9/21 at 8:54 pm to WavinWilly
Posted on 6/9/21 at 8:54 pm to WavinWilly
quote:
This seems like a bad trend.
The Obama administration was trying toward the end of their tenure to inject as much section 8 rentals into middle to upper class neighborhoods as possible. This is probably their way to get it done.
Posted on 6/10/21 at 10:31 am to upgrayedd
quote:
The Obama administration was trying toward the end of their tenure to inject as many section 8 rentals into the middle to upper-class neighborhoods as possible. This is probably their way to get it done.
if you have a minute go read about the Dubuque/Chicago section 8 fiasco from 2016. it's unbelievable the amount of government overreach that exists when it comes to subsidized housing.
https://bwi.forums.rivals.com/threads/hud-rewrites-the-map-makes-dubuque-iowa-part-of-chicago.81231/
Posted on 6/10/21 at 11:04 am to upgrayedd
quote:
The Obama administration was trying toward the end of their tenure to inject as much section 8 rentals into middle to upper class neighborhoods as possible. This is probably their way to get it done.
Literally dead center in Uptown Park
Those businesses would've all gone under had it happened.
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