Guaranteed rental income during economic uncertainty

[Abel Curiel]

Hey BP community!

I've come across so many landlords as of late who are in a tough spot due to NYC shutdowns, lockdowns, restrictions or whatever you want to call them. Tenants are out of work and eviction courts are halted for the time being. As rent is oftentimes their highest expense, many tenants are not paying all of their rent or any of it in some instances.

Landlords with vacant apartments are, rightfully so, extra cautious when looking to fill their empty apartments. 

For some reason, NYC landlords don't seem to look at these programs any more favorably than they did a year ago and I'm curious to know if thats the general consensus around the country.

My question to the community is: does this current economic climate make Section 8 and other city/state/federal program recipients MORE attractive as prospective tenants?

Abel