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Comments by "" (@jmitterii2) on "The Wall Street Journal" channel.
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Landlords got greedy, buying properties that weren't worth the bubble double. And they expect tenants to be able to pick up for their mistake. Simply put. There will be evictions, and not renters coming forward. And what renters you get will be feeling the same pain and won't pay at some point either. Prices eventually do fall in an economic collapse. And yes, many banks will be taking back properties. Those who mortgage rentals, you never really owned the stuff anyway, you were renting from the banks. Congrats. Now we ought know how not to manage housing.
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11 million jobs that more than 80% don't even pay the basics shelter, food, and transportation. So they're... worthless jobs. Profit margins are high because workers have been unable to demand pay that is decent let alone that keeps up with inflation (even now in this so called strong job market because of the open non gainful slave jobs).
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