Quote:
Originally posted by baltassoc
You either don't own property in an area with a significant number of rentals or have an overdeveloped fear of the poor. Or have never looked at a credit report.
Depending on the region, those eligible to receive housing assistance can include school teachers, police, firefighters and soldiers (mostly junior in each case).
If someone on Section 8 with spotless credit, a stable job and no bad references wants to move in next to me, that's cool. One of those things is iffy, the section 8 status is irrelevant.
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I own property in an area with a very high number of renters. Put aside the issue of how would I ever gain access to a credit report of a potential renter that is not renting my unit (i.e., a renter renting someone else units). One of the first questions I asked when I was looking for property is how many of the units in my building were rented out. They call it pride in OWNERSHIP for a reason. Has anybody ever heard of pride of rentership? I know from first hand experience that I treated rental units far differently than I treat my home. The fact that there many be renters in my building increases the risks to my property value. A section 8 renter is just an additional level of risk on top of that which I believe it is rational to want to avoid.
