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Well, the rent doesn't get paid, the bank foreclosures on...

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174

30/04/24

09:36

Post #: 73574295
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Originally posted by nippy: ↑

Don't assume your rent will be paid......

BREAKING: 43% of small businesses were unable to pay their rent in full in April due to economic headwinds. That’s the highest rent delinquency rate since March 2021, per Bloomberg. ( 1ronnie )

That may be referring to businesses, but you know they start sacking employees when this happens which leads to many more rentals not getting paid.

Now if you need that rent to be paid or else you will be in trouble..... who is the smart or dumb one here?

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Well, the rent doesn't get paid, the bank foreclosures on the property, the tenants are evicted, out on the street.....
Now who's the smart one here?
Haven't really thought this through, have we?
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