Monday, November 13, 2017

Is the USA now a nation of House Flippers?

I see a crash coming again. You got 3rd rate people flipping homes and buying them just to pack them with section 8 tenants so they can get the rent on time any pay off the mortgage and then go find another home to section 8. Should the Taxpayer be responsible for profiteers if they fail? These profiteers do not even have to be legally in the country.
Added (1). How is using the government to buy a home and then filling it with section 8 welfare tenants to pay the mortgage by the taxpayers doing you any good? Seems like they should at least pay full price up front for the house if you are going to wreck neighborhoods.

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