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Real Estate
Reply to "Programs fka Section 8 expanding I'm Arlington"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What's your point? Arlington already has lots of poor people, and so it's going to get more of them?[/quote] Might be a landlord who owns more than 4 rental units. They must take Section 8 renters. That's why most landlords put their properties in individual LLCs so that they don't have to take section 8 tenants. [/quote] I would imagine investors would happily take on section 8 tenants, ensures some guaranteed income. My concern therefore is that some condo or apt buildings will become the "section 8 buildings"[/quote] This is exactly right. Many apartment building owners welcome section 8 tenants because it is a reliable income source. While Arlington remains a desirable rental market, it's not clear that demand is keeping up with the endless supply of units coming onto the market. So it wouldn't surprise me if investors are behind Arlington's decision to open up the voucher waitlist for the first time in over a decade. [/quote]
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