You cannot raise rent. That just doesn't make sense. It's going to go back to the 70s. In the 70s, the same thing happened. Landlords rent rolls did not equal the cost of repair and they walked away from the Buildings. and black and brown communities were devastated because of that, because people were not keeping up with the repairs. (24:02–24:12)
CLAIM
Asserts that in the 1970s, landlords abandoned buildings due to insufficient rent rolls.
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