> And then watch rents rise across the city as land-lords queue up for that sweet-sweet subsidy cash.
I'm not sure what you mean by that. In a direct subsidy to low income tenant world, low income tenants would look the same as any others that could pay the rent.
However, when I've rented apartments, many tenants have requirements for who they will rent to (such as income equal to X times the rent) - and so such a direct subsidy program would probably also need some sort of provision that forces landlords to consider such renters "equally." If anything, I doubt landlords would be queueing up anywhere for the right to rent to such people.
I'm not sure what you mean by that. In a direct subsidy to low income tenant world, low income tenants would look the same as any others that could pay the rent.
However, when I've rented apartments, many tenants have requirements for who they will rent to (such as income equal to X times the rent) - and so such a direct subsidy program would probably also need some sort of provision that forces landlords to consider such renters "equally." If anything, I doubt landlords would be queueing up anywhere for the right to rent to such people.