jae343 t1_jdnr0ma wrote
Reply to comment by Luke90210 in NYC tenants report rampant housing discrimination by landlords over vouchers by DrogDrill
My friend flips homes to rent out to Section 8 in the southeast and doesn't seem to be a problem. Some residents certainly can cause trouble but that's the general risk of renting out property and it's a small operation.
Luke90210 t1_jdo6zym wrote
Good for him. It doesn't sound like he is working a highly competitive real estate market.
jae343 t1_jdp1ixi wrote
Yep, Charlotte isn't competitive compared to NYC obviously.
Luke90210 t1_jdtkee1 wrote
Perhaps North Carolina does a far better job of administering Section 8 than NY.
Silentarrowz t1_jdw1ahi wrote
Perhaps North Carolina lets landlords that can't handle it simply fail instead of letting them discriminate against applicants. No one has a right to a successful business, you have to work for it. If you want a successful NYC real estate business guess what; you're going to work for it.
Luke90210 t1_jdxgvp1 wrote
> No one has a right to a successful business, you have to work for it.
I agree. What does that have to do with a highly flawed government program landlords don't want to deal with? Doctors are not forced to accept Medicaid. Improve the system and landlords would happily take Section 8 just like supermarkets and bodegas take SNAP (Supplemental Nutrition Assistance Program).
Silentarrowz t1_jdxhc9r wrote
I agree. Let's give them a few billion more dollars a year in funding. You would agree with giving section 8 a huge federal expansion? I think programs like this are crippled by funding and old laws.
Luke90210 t1_jdxk4ng wrote
Absolutely. Some of the rules are very antiquated as if its 1988. Why deny payments to the landlord because the tenant changed their cellphone number without informing the offices?
Silentarrowz t1_jdw15cf wrote
NYC landlords knew the market they were getting into when they bought the property. If landlords don't like operating in a large complex market perhaps they shouldn't?
Luke90210 t1_jdxfd1r wrote
You honestly think people buying expensive real estate in NYC for rentals had any intention of dealing with Section 8?
Silentarrowz t1_jdxghpy wrote
I mean considering it has existed in one form or another since the 1970s I'd sure hope so.
Luke90210 t1_jdxkl30 wrote
You think anyone investing in Tribeca or Dumbo rental properties is thinking about Section 8? You honestly believe think thats the clientele they are taking into consideration and not the people making 6 or 7 figures a year?
Silentarrowz t1_jdxlqdd wrote
What a landlord would like to be true and what their legal obligation is are two very different things. Just because a landlord failed to fully consider the marker they were in does not mean they get a free pass to break the law and illegally discriminate against voucher tenants.
Luke90210 t1_jdxn0ga wrote
You sound very naive. Under the current housing crisis any landlord can find an easy reason to legitimately reject a Section 8 applicant or just accept one as a token. Its just one more application out of many. And its not like the apartment is going to waste as someone else who needs it and willing to pay for it out of pocket will get it.
There is simply not enough housing stock in NYC for the demand. Section 8 isn't going to solve this.
Silentarrowz t1_jdxn8l3 wrote
Sure, and I accept that under normal circumstances they can refuse a lot of them, I would hope they do so in a good faith way (ie. Denying them when there is another applicant or an actual issue rather than just going "eh no good applicants" and leaving a space vacant). I want it improved, but I don't think landlords should just get to go completely ignore it.
Luke90210 t1_jdxp03g wrote
I'm envisioning a 1% acceptance rate for legal cover only. Thats really not solving anything.
WarmestSeatByTheFire t1_jdokmfo wrote
It's a viable business model in a lot of markets but those places have very different market conditions compared to NYC.
jae343 t1_jdp1fnb wrote
Definitely but the idea is that they get guaranteed payments and on time from the government.
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