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The Future Looks Weird & Exploitative

Housing news, plus big wins for the Cherokee Nation and fans of QuikTrip

You don’t have to be an economist to know that housing isn’t going so hot. It’s a nationwide problem, but The Frontier’s got an interesting, thorough piece of enterprise reporting this week on Oklahoma’s landlords, some of whom have figured out that they can maximize their profits by—in an extremely efficient way, mind you—not accepting Section 8 housing vouchers. 

It’s better for the bottom line, a corporate landlord tells us, because skipping the voucher process also lets the landlord skip inspections! Meanwhile, according to Maddy Keyes’ reporting:

Oklahoma has a deficit of around 77,000 affordable rental units. The largest gaps for those who are extremely low income are concentrated in the state’s largest cities including Oklahoma City, Tulsa and Norman, according to the most recent state data.

So basically, the housing deficit has landlords in a position to increase rent and turn down renters relying on those clunky old Section 8 vouchers. Yikes! I wonder how long the old fixtures of liberal society can keep propping all this up. 

And in local news worth your time this week:

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