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And unfortunately, in certain areas that used to be affordable to low income working class people, the folks that win the lottery for the few Section 8 vouchers
by omegaworks 5y ago
And unfortunately, in certain areas that used to be affordable to low income working class people, the folks that win the lottery for the few Section 8 vouchers can drive up rent, as that flat rate is now considered the floor that landlords can charge.
- wolverine876 5y agoHmmm ... Section 8 is not known for paying a lot, afaik, and not a large source of demand. Also, rents have been shooting up while Section 8 has (afaik) not. But do we have data anywhere? (I don't.)
- nate_meurer 5y agoSection 8 pays close to market rate, otherwise the program wouldn't get anywhere. My section 8 unit is tad cheaper than what I could get otherwise. But my rents are always lower than market anyway. The tradeoff is that the government always pays on time, and there is some motivation for tenants to behave (e.g., noise, nuisance, property upkeep) in order to keep their section 8 voucher in good standing.