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Amazing how much less hard-working American's would be paying for rent if big city real estate markets weren't flooded with a tsunami of housing vouchers.
People who rent apartments in big, liberal cities that have lots of people getting multi-thousand dollar a month vouchers are causing rents to skyrocket from artificially low vacancy rates.
The massive amounts of vouchers and government units flooding the system in dense, liberal urban cities are causing a massive scarcity of apartments and rents to skyrocket for working people.
If it were not for the tremendous amount of government money flooding these cities in the form of housing vouchers, these cities would be far more affordable for renters than they are currently.
Obviously, government vouchers don't impact the housing markets in cities like Detroit as they have lots of vacant housing but the tsunami of housing welfare is causing distorted markets in overcrowded, liberal big cities.
Amazing how much less hard-working American's would be paying for rent if big city real estate markets weren't flooded with a tsunami of housing vouchers.
People who rent apartments in big, liberal cities that have lots of people getting multi-thousand dollar a month vouchers are causing rents to skyrocket from artificially low vacancy rates.
The massive amounts of vouchers and government units flooding the system in dense, liberal urban cities are causing a massive scarcity of apartments and rents to skyrocket for working people.
If it were not for the tremendous amount of government money flooding these cities in the form of housing vouchers, these cities would be far more affordable for renters than they are currently.
Obviously, government vouchers don't impact the housing markets in cities like Detroit as they have lots of vacant housing but the tsunami of housing welfare is causing distorted markets in overcrowded, liberal big cities.
Most of the Big Wall Street Banks along with politicians are absolutely OK with this since it inflates their assets.
Prior to the 2008 crash, banks were selling anyone a home that could fog a mirror a loan since they had no skin in the game and were bundling the worthless loans with other ones, stamping it rated AA and selling it to suckers.
The Big Banks to this day have absolutely 0 SKIN IN THE GAME.
It is to bad a lot of them were not leveled on 911.
Those vouchers are a small part of the equation. If you really want to get angry, instead of the usual right-wing rants against "the poor who have all the money" or "duh gubermint," go ask some questions of the big banks, real estate companies, home builders, and everyone else who's busy propping up the housing market and making sure prices remain bubbly and inflated.
I'm so dang tired of righties excusing big business for everything and blaming the poor and government for everything.
Those vouchers are a small part of the equation. If you really want to get angry, instead of the usual right-wing rants against "the poor who have all the money" or "duh gubermint," go ask some questions of the big banks, real estate companies, home builders, and everyone else who's busy propping up the housing market and making sure prices remain bubbly and inflated.
I'm so dang tired of righties excusing big business for everything and blaming the poor and government for everything.
Section 8 vouchers don't impact the housing costs all that much in cities like Toledo, Detroit, Akron, Wichita because they have high vacancy rates.
If Los Angeles did not have 49,000 big section 8 vouchers flooding landlords pockets with big monthly payments, a vast majority of those 49,000 people would not be able to afford their apartment. There would likely be a massive increase in vacancies and landlords would reduce the rents by large amounts to compete for tenants.
Los Angeles for instance has around 975,000 rental units, if those 49,000 section 8 units were not getting government handouts the vacancy rate would increase by around 5 percentage points.
The vacancy rate would go from 3% to 8% and it would magically transform to a renters market with much, much lower rental prices.
Section 8 vouchers and all the free housing handouts from the government cause rents to skyrocket in cities like San Francisco, Oakland, LA, New York City and Boston as they have very low vacancy rates that are much lower than they other wise would be because government is giving landlords lots of section 8 money to house families.
Last edited by lovecrowds; 05-18-2018 at 08:51 PM..
WTF are you going on about??? You do not understand even the basics - do you. Unless you are mentally disabled, I would be embarrassed if I were you. If so, sorry. Hope you have a good caregiver.
Those vouchers are a small part of the equation. If you really want to get angry, instead of the usual right-wing rants against "the poor who have all the money" or "duh gubermint," go ask some questions of the big banks, real estate companies, home builders, and everyone else who's busy propping up the housing market and making sure prices remain bubbly and inflated.
I'm so dang tired of righties excusing big business for everything and blaming the poor and government for everything.
Yep
I am on the same page.
The poor and lower middle class do not have politicians on speed dial.
We know the poor and middle class votes mean jack as well since Obama, like Trump are beholden to the Banksters and Corporate Lobbyists that infest DC.
I hope I live to see the day when the Corporate and Banking infestation in DC comes to an end.
It has brought nothing but misery to this country.
Nothing makes any sense in the original post. Everything said so horribly inflated as to be of suspicious origins. I'm getting real sick & tired of incendiary OP's. I think the game is winding down.
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