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by staticman2
1551 days ago
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Landlords rarely kick people out without notice because society has made it illegal for them to do so. Your take is naive. Historically there was a lot of money to be made being a "slum lord" and renting in poorer communities where people have bad credit so can't get mortgages , there's a reason the term exists. |
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Oh really? What is my "take"?
> Historically there was a lot of money to be made being a "slum lord" and renting in poorer communities where people have bad credit so can't get mortgages , there's a reason the term exists.
Yeah, but that's not under discussion.
The point I made was that because evictions are so expensive (wiping out years of profit) and long for landlords, they are only ever a last resort.
When you hear right now, as in today, under current laws, sob stories from people who've been evicted successfully, it's highly probable that they're leaving out the actual reason that the landlord just wiped out up to a year of profit just to get them out the door.
No one is wiping out years of income and going into the red just because they want to be mean.