3 ms·
I'll reiterate. Bloomberg had to dig deep to find 3 stories of landlords who by the looks of it are way overleveraged and trying to pull at the American heartst
by yardie 6y ago
I'll reiterate. Bloomberg had to dig deep to find 3 stories of landlords who by the looks of it are way overleveraged and trying to pull at the American heartstrings by spinning a yarn about "scrappy upstarts landlords"
If I owned more than 1 property I would sell them and the problem resolves itself. There are a lot more Americans who are trying to hold onto the little bit they do have, not 27 properties with a "woe is me" yarn.
- sbarre 6y agoThe scenario you describe (being "over-leveraged") can easily be applied to people of all financial situations, and certainly to people who are not landlords. Life isn't easy, or simple.. We all do the best we can.. Without knowing how they got there, and again, with the absolute comfort of having zero stake and perfect hindsight, it sure is easy to judge their failings from a distance. I guess I'll also reiterate that I hope life is kinder to you than you wish it to be on others.