So, if I have a $1,000,000 house for rent, I have to rent it to a Section 8 applicant?...................
Oh, you will get an applicant, trust me.
Someone with a big “ family”
Of course they’ll take good care of the place.
Yes.
If the tenant can afford the posted rent (with the section 8 subsidy) you can't reject them for that reason. But the posted rent for a property of that value will not be affordable for them, unless it is an apartment in a multi-unit building.
That would be a dump in san freekcisco.
Not quite but getting there.
They can tell you that you can’t discriminate on the basis of income, that you can’t refuse someone getting SSI or VA benefits of Section 8.
However, so far, they can’t force you to join Section 8 as a landlord. I expect liberal lawsuits soon to FORCE landlords to join Section 8 in the name of fairness and race-based disparate impact policies. It would be based on the similar logic as having X% of units in a building as affordable housing. Those rules would mostly exempt small landlords but hit anyone with multi-family housing or a large single family portfolio.
Even with Section 8 mandatory, you’re allowed to set a rental price ... and refuse to rent to those who can’t pay that level of rent. If Section 8 pays $1000 and you rent it out for $2000, you can still refuse those without additional sources of income to cover the difference.
It is easier than that. To be eligible to rent to Section 8 people, the property has to pass an inspection. Just flunk the inspection. It isn't that hard, e.g. a few cracked electrical outlet plates, "loose boards," etc... . The govt can't force you to pass an inspection.
I so want Trump to buy Hollywood and other exclusive neighborhood houses and turn them into shelters