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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not realtor or landlord so I’m free to say this:

1. Don’t buy in DC, where there is rent control, or where they don’t respect property (equal) rights.

2. Don’t rent to Section 8. I don’t care what they claim to promise this or that, the fact it is another party’s financing, and more restrictions and the government gets a say.

3. Don’t do business with the above. They (the government) are not honest brokers. Real estate or otherwise.

4. Why would you even be renting in a Property Class that would be Section 8 eligible for anyway? The eviction and vacancy rate is not worth the extra theoretical ROI when there is easier money that comes in, on time, every time.

5. Why do you think there is a higher risk premium and fewer players in this property class? Why do you think there are fewer below market rentals or why Section 8 has a hard time finding people to accept. There is a reason, no matter what the propagandists try to tell you.[/quote]

Sound advice. The scary part is dc, and the Biden administration, doing their worst to ensure landlords have to have tenants they don’t want (section 8) foisted on them at any cost.[/quote]

If public housing (and Section 8) worked, the government and the market would want more. Instead public housing is sub standard and limited, which is what you get when the government is your landlord. It should be telling that the government wants to dictate the market, without putting in the work, money or risk. They could float landlords, from their own eviction moratorium, or even buy up the distressed properties. They aren’t, and there is a reason. They want YOU to do it for them.[/quote]

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