06-08-2016, 04:45 PM
(06-08-2016, 04:36 PM)Brownshoe Wrote: Do you really think that land lords are dumb enough to not raise housing prices to where they would be getting paid by the government and the renter still? If someone is paying 30% of their paycheck a month in rent and the government is paying the rest of the bill you know that the land lords will increase the amount that the house is to still make the person be on government assistance, and still take 30% of their paycheck.
Government assistance is based on income. As the renters income goes up the government assistance goes down. The landlord sees no difference in income. If the landlord raise the rent then the renters can not afford it because their government assistance has gone down.
