Replying to @daveanthony
serves him right, how dare he put up all the financial risk, insurances, amenities and maintenance. hopefully the government comes along and becomes the landlord. or better yet, the bank he'll owe money to will be the landlord and those people are notoriously fair

3:43 PM Β· Mar 25, 2020

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Mob rule is a financial risk but I don't think they have mob rule insurance. Mob rule is a very unusual thing to account for. I wasn't thinking about mob rule insurance. I was thinking about all the many costs that go into owning an apartment. But if tenants want to risk
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getting foreclosed on by the bank he'll owe money to, thats on them. Banks win again.
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There's no benefit to anyone from rent-seeking, other than the rent seekers Everyone could and should have their own home, without banks or landlords. We have the resources, and everyone would be MORE prosperous. But then landlords wouldn't have that advantage, so we don't do it
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Financial risks.
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They've literally collected 32 units worth of deposits that should've gone in a escrow that would cover at least 1 month's rent, if not two and this lockdown JUST got started. The emergency fund is literally right there to cover his ass in a emergency.
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