"They know somebody will rent them no matter how expensive it is..."
What happens if there is NO ONE to rent the place and the Government puts a cap on how much rent it will pay for an employee?
The Salaries may be great and tax free but if large portions of it is going to the landlord, people will leave and then there will be no one to rent the property and everything else follows through to what has been said before.
Please understand that nobody WANTS this to happen but such is life my friend. We the small investors have to be really smart to avoid being burned cause we burn easily and are in the front line.
Someone once said that if you owe the bank $100 it's your problem. But if you owe the bank $100 million, it's the Banks problem :)
"They know somebody will rent them no matter how expensive it is..."
What happens if there is NO ONE to rent the place and the Government puts a cap on how much rent it will pay for an employee?
The Salaries may be great and tax free but if large portions of it is going to the landlord, people will leave and then there will be no one to rent the property and everything else follows through to what has been said before.
Please understand that nobody WANTS this to happen but such is life my friend. We the small investors have to be really smart to avoid being burned cause we burn easily and are in the front line.
Someone once said that if you owe the bank $100 it's your problem. But if you owe the bank $100 million, it's the Banks problem :)