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A comment on Abundance Isn't Going to Happen Unless Politicians Are Scared of the Status Quo. Parent comment

Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by PaulHoule on Thursday March 27, 2025 @03:00PM (#43496881)
Around the time we bought our place we had some spare cash and thought about getting another house. I'd seen the Rich Dad, Poor Dad book which had the advice that you should buy a rental property only it was wildly cashflow positive after the mortgage.

That's not realistic in most cases but we saw one rental property which looked crazy profitable that was full of Section 8 tenants. We passed on it because it was really buying yourself a job as a social worker and the fact that we were bleeding hearts would make it harder, not easier. I think my wife and I have gained the maturity that we might be able to handle that now but we've also gotten better at setting boundaries such that we wouldn't.

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Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by m463 on Thursday March 27, 2025 @05:46PM (#43498553)
I thought "section 8" tenants had a guaranteed rent. But yeah, probably would still be a job.
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Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by ty6853 on Thursday March 27, 2025 @06:08PM (#43498752)
In section 8 a few bad tenants strip everything of value to hawk for drugs. Sure the rent is paid but now the city is up your ass for code violations when the very people that destroyed the place complain it isn't habitable. Which you must now repair so it can be stolen again.
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Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by toast0 on Friday March 28, 2025 @02:56AM (#43502344)
I believe Section 8 also comes with regular inspections. Some locales do regular inspections anyway, but many don't.

Some Section 8 tenants have complex interactions with their neighbors and their environment, and I think eviction of Section 8 tenants is harder too.

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Re:Abundance Isn't Going to Happen Unless Politicians Are Sc... by harvey9 on Friday March 28, 2025 @09:49AM (#43505418)
When you live near people who have complex interactions with their neighbours you get comfortable with using the term 'assholes'
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