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Updated over 12 years ago,
"Evictions ok" type ads?
This occupied my mind all day yesterday:
Probably every major city has some kind of free weekly magazines, full of ads, masked as a TV program, and targeted at the African American community, often lower income range. Here, they are called "The Blue Book" and "The Red Book".
Besides about 50% of the ads promoting some kind of hair-related service, there are some rental ads in there, too, and quite a handful show in big bold letters "EVICTIONS OK".
I was wondering why landlords would target this group of people specifically. Anybody knows (or maybe does it)?
Do they take a higher deposit, evict at the first opportunity and still come out on top?
Do they charge exorbitant rents and gamble that it will offset and future losses?
Are they total junk properties? But evicted tenants are the first to call the city inspector, so can't see how that strategy works.
Hard to rent places where no normal person would go to?