SebastianVerified account

also paying rent doesn't count towards your credit but it does count for your landlord's mortgage lolhttps://twitter.com/sebmck/status/1244348262791786496 …

Not paying rent doesn't count towards your credit but it does count against your landlord's as well. You have to pay attention to both sides, it isn't a one-way transaction where all upsides are on the landlord

In theory yes but in practice landlords can mitigate the risk with high deposits and quick evictions so they get the advantage of the upside without participating in the downside.

Where do you live where landlords are allowed quick evictions? Most deposits are also regulated as well so that landlords can't request above and beyond first month / last month. I'm sure there are places without renter protections but they exist in all major cities.

In Ohio it's about 5 weeks from missed rent to an officer arriving to enforce your removal. I'd say that's pretty quick. Security deposit covers loses. New tenant moves in days later.

i think in NYC they’ll let tennants burn your house to the ground before any real eviction happens tho

Can confirm, it’s about a year And deposit doesn’t cover anything to be honest. You have to re-invest that money to get the apartment ready Idk why ppl think all landlords are rich