LogFAQs > #941885592

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	25% of NYC apt renters haven't paid since March. Pushing city to breaking point.
chrono625 07/09/20 12:39:03 PM #51:	Tmaster148 posted... If landlords were millionaires they would already have an emergency fund now. Fact of the matter is landlords simply took advantage of the fact they can live off of other people's wealth and never decided to prepare for a situation where that stops being the case. thats my point - everyone thinks landlords are millionaires that just buy up all the property. Thats not true. They bought a property as an investment and yes the rent collected (Hopefully) pays for that. But theyre the ones responsible for paying the mortgage and the bills that are not associated with rent. And all maintenance and major work needed as it comes. many landlords work an actual job to provide a living for themselves. If they own a rental that is most likely their nest egg for retirement. --- https://imgur.com/Rqk1DYV - Super Bowl XXI/XXV/XLII/XLVI Champions - NY Giants Eli Manning SB tracker: 2/2 Superbowls 2/2 SBMVP's <cite>chrono625 posted [p:941885592] in 25% of NYC... [t:78834422]...</cite> <quote>Tmaster148 posted... </cite> <quote>If landlords were millionaires they would already have an emergency fund now. Fact of the matter is landlords simply took advantage of the fact they can live off of other people's wealth and never decided to prepare for a situation where that stops being the case.</quote> thats my point - everyone thinks landlords are millionaires that just buy up all the property. Thats not true. They bought a property as an investment and yes the rent collected (Hopefully) pays for that. But theyre the ones responsible for paying the mortgage and the bills that are not associated with rent. And all maintenance and major work needed as it comes. many landlords work an actual job to provide a living for themselves. If they own a rental that is most likely their nest egg for retirement. --- https://imgur.com/Rqk1DYV - Super Bowl XXI/XXV/XLII/XLVI Champions - NY Giants Eli Manning SB tracker: 2/2 Superbowls 2/2 SBMVP's</quote> ... Copied to Clipboard!
Topic List	Page List: 1