Monday, August 9, 2010
More debt to keep prices up !
How many tenants do you think can't afford to pay their rent? 5% ? 10% ? 15% ? More? I mean, there's been a recession, but we're not in a depression... right? How bad can it be? Well get this... in the first quarter of this year, according to the National Landlords Association, nearly a quarter of tenancies were in arrears. That's right â€“ a quarter!