If Landlords Get Wiped Out, Wall Street Wins, Not Renters


 

That’s about right.

(From Bloomberg)

More than half of the tenants in the 27 low-income apartments she owns in the city of West Haven and its vicinity aren’t paying and there’s nothing she can do about it…

…Her profit last year came to only $24,000, and now she’s behind on $1.2 million in mortgages.

Reprinted from: https://www.ac2news.com/2020/05/if-landlords-get-wiped-out-wall-street-wins-not-renters/

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