[rm_-rf_slash]

I’ve also seen this happen in NYS. Tenants do the craziest shit (selling showers to crackheads and discovering a near thousand dollar water bill was one of the tamer tales), fight tooth and nail to stay, and leave the place uninhabitable when they finally are forced to go.

Unfortunately the local mom and pop landlords get wrecked by this while only the big corporate landlords have the resources and scale to weather these situations.

[steveBK123]

It's a law of large numbers thing. Americans romanticized mom&pop landlords vs big greedy landlords, but.. it's a bad business to be a smalltime landlord. It's like putting all your money in one stock.

If, say, 5% of the population is crazy, and make for bad tenants.. then owning 10-20+ units puts you in a position of always having 90%+ of your revenue coming in.

If you have 1 unit then most of the time you are OK, but every once in a while you may lose 100% of your revenue for 3-12 months, while you have to keep spending on mortgage/tax/utilities, plus lawyers, repairs, etc.

[jjani]

Sounds like it's time for a co-op.

[steveBK123]

Anyone who has lived in a co-op might disagree lol

[mschuster91]

The key thing would be the government finally go and improve the situation around mental health care accessibility and a proper social safety net.

People don't fall for drugs on their own - the utter, utter majority fall for drugs to self-medicate for whatever crisis they're facing. Be it perspectivelessness, losing a family member or one's job - across the Western world, governments have completely given up supporting people who hit a rough patch in life, and now it's a situation that is very, very hard to resolve.

[Braxton1980]

>The key thing would be the government finally go and improve the situation around mental health care accessibility and a proper social safety net.

You're right but we are so far from this now I can't imagine it being possible until one or two full generations of people die out and we start teaching empathy