Here is one of the most evil things about the apartment business.
Tenants almost never borrow from banks to pay their rent!
So when other businesses suffer from tight credit, the auto industry or the real estate industry (homebuilders) or even people who sell big ticket items where people borrow the money, etc.
as I was saying these people suffer terribly!!
but evil landlord does just fine.
People just don't usually borrow money to pay the rent!
And I would say that having a business which does not goose the credit system is probably UNAMERICAN! In order for the system to work everyone must always be in debt as much as possible! That is where the growth comes from and the employment and everything
absolutely everything
without credit we would all be instantly dead!
Shame on the evil landlords! They are the most heartless beings in all creation!
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