Posted on 01/24/2012 10:40:19 AM PST by Ernest_at_the_Beach
Well of course they don’t. Big government leftists want the government to own ALL of the land in the US. That was part of the “why” behind the CRA since they knew most of the people getting those loans would never be able to pay them off.
“They don’t want people owning these houses.”
A friend of mine has a lot of Section 8 properties. He loves them compared to regular renters. At least in California the waiting list is YEARS long, and no one wants to screw up and be evicted once their in one so they maintain the property better then his other tenants.
Ultimately, the landlord is still responsible for maintaining the property and HUD inspects it annually, also you can evict a Section 8 renter in the same way you evict any other renter.
In this case, however, with big institutions doing the investing instead of small investors you are likely to have a lot of absentee landlords.
It sounded like they were calling it HRAP.
.. which I guess it means some like housing refinance (something) plan
Such a thing would be shocking if true because H. Rap Brown was a 1960s extremist and, I believe, was an advocate of "Take ten" which meant that each black American should kill ten white Americans to rid the country of all white people.
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