3 ms·
> IMO the "Section 8" (housing vouchers) seems to be a market solution to housing issues Once any kind of government vouchers or subsidies are involved, you do
by twblalock 10y ago
> IMO the "Section 8" (housing vouchers) seems to be a market solution to housing issues
Once any kind of government vouchers or subsidies are involved, you don't have a market solution anymore. Market solutions are solutions that the market provides all by itself.
I agree that vouchers are a better solution than public housing or rent control, and probably introduce fewer distortions in the market than those policies, but it is incorrect to call vouchers a market solution.
In particular, voucher programs generally require landlords to work with local housing authorities to accept rent payments, additional inspections, etc. As a result of this, many landlords don't want to accept tenants who use the vouchers.