The Contrarian

“In the investment markets, what everyone knows is usually not worth knowing.”

If You Own A Rental Apartment Complex, Watch Out!

From  Jack Davis

A new edict from the Obama administration has its roots in race-based thinking and a purpose that lurks below the surface, conservative radio talk show host Rush Limbaugh said Tuesday.

The federal Department of Housing and Urban Development has issued guidelines saying that because there is “widespread racial and ethnic disparities” in the U.S. criminal justice system, landlords who refuse to rent to convicted criminals could “lack a legally sufficient justification” in doing so. The current Fair Housing Act does not make it illegal to refuse to rent to criminals.

“The Regime has told landlords they cannot refuse to rent to criminals,” Limbaugh said. “Wait ’til you hear why.”

“The presumption is that a great percentage of African-American criminals are actually innocent. They’ve been railroaded. I mean, that’s what the Reverend Jackson wants you to believe … A central point of the civil rights coalition is that there’s a bunch of black men in jail who really shouldn’t be there because they’re not guilty.”

What do you think? Should the government dictate who you can rent your property to?