Something I am working thru: What if there was a way to massively overhaul section 8 so that it didn’t prop up the (broken) private market or erode tenants’ rights? Then it would just be cash for housing, which is basically an unequivocally good thing?
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Replying to @ceaweaver
Imo the situation I have in this building, where I pay a third of my gross monthly income in rent and if I lose my income the rent becomes 25$, is the ideal so long as the building is well maintained
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Replying to @peakcapitolism
Correct but the building needs cash to be well maintained which can come from other ppls rents (if they make more than you) or federal subsidy (section 8) But shouldn’t the value created by section 8 (rent) go to the people (public) and not private (landlord)
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Replying to @ceaweaver @peakcapitolism
The solution is not to prop up Section 8 which is an entitlement program for LLs who are guaranteed federal funds and may legally evade the rent laws. This is the breaking point between progressives and the radical left. Section 8 is a capital plantation and must not be funded.
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Replying to @MaherJohn @peakcapitolism
your main arg here is that S8 money goes to landlords and limits renters' rights. I agree that that is bad. I'm saying ... what if it didn't do either of those two things?
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Replying to @ceaweaver @peakcapitolism
Tx for engaging on this. Then it would not be Section 8. LLs would have no incentive to rent to LIT. The problem is even reformed Sec 8 is still extraction. The Sec 8 Pareto's Law LITs need public supportive housing with community based services, not Sec 8 2.0.
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Replying to @MaherJohn @peakcapitolism
Ok, forget about section 8 and I’m not talking abt vouchers anyway im talking PB. Let’s say the state buys and then owns a bunch of currently private housing. It still needs to cash flow, so it still needs ongoing subsidy (rent) to run. My point is that section 8 is just money.
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wait wouldn't this then be the federal government subsidizing the state govt indirectly?
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No. It would be doing so directly. Which happens all the time.
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