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To: wac3rd

If we see Section 8 housing in nice suburban single family home neighborhoods, and if too many are in an area, couldn’t that cause property values to slide further? Isn’t it quite possible that there will be unintended consequences to this policy??????


10 posted on 07/22/2011 11:52:49 AM PDT by Dilbert San Diego
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To: Dilbert San Diego
"If we see Section 8 housing in nice suburban single family home neighborhoods, and if too many are in an area, couldn’t that cause property values to slide further? Isn’t it quite possible that there will be unintended consequences to this policy??????"

Also, this will put the government in more direct competition with small, rental housing property owners. Will the government drive the rent up or down?

12 posted on 07/22/2011 11:58:03 AM PDT by Truth29
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To: Dilbert San Diego

The unintended consequence is that the government ends up owning all the homes. Which is the intended purpose.

It’s a bank bailout + vote buying. Taxpayers fund both while the treasury and politicians get the rent.


15 posted on 07/22/2011 12:04:37 PM PDT by Justa
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To: Dilbert San Diego

UNINTENDED consequences?


22 posted on 07/22/2011 12:18:03 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Dilbert San Diego

You’re on to something. Rents will go down due to excess supply. Time to bail now on residential REITs if anyone still has one.


26 posted on 07/22/2011 1:13:06 PM PDT by Phillipian (Post Tenebras Lux)
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