Hasn’t the government “helped” enough already?

Posted in Creative Real Estate Discussions
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  • Chris Heekin
    August 10, 2011 at 1:24 pm
    Chris Heekin

    We need to keep this story on the radar screen. It can either be a great opportunity or a disaster, depending on how we position ourselves…

    http://hosted.ap.org/dynamic/stories/U/US_GOVERNMENT_HOME_RENTALS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-08-10-13-18-31

    Jackie Lange
    August 10, 2011 at 1:47 pm
    Jackie Lange

    I read a similar article that they plan to turn all the homes in to section 8 houses because there is a long list of people wanting free housing and riots every time they hand out vouchers.

    If that’s the case, THERE GOES THE NEIGHBORHOODS!

    the government needs to just sell all the houses to investors and carry back the financing. they have no business being landlords and will screw that up like everything else they touch

    Greg Christiansen
    August 10, 2011 at 2:18 pm
    Greg Christiansen

    Anyone remember Jack’s story about a guy in Detroit? He wound up managing a bunch of homes for the city. I think he got $50/month if they were vacant and a little more if they had tenants. Yeah–this is gonna get ugly…

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