Debra Acosta
👤 SpeakerAppearances Over Time
Podcast Appearances
And then the landlords are overwhelmed just with the eviction process.
They're not going after these people criminally.
And we spoke to many different landlords and none of them said that they were going after these people.
How does this situation end?
Do people end up having to leave because they just can't pay?
People might be able to get away with this for a few months, but ultimately they're going to get evicted.
What developers are doing now, what landlords are doing, is employing these new services to help them combat the fraud.
And so that gives them a full picture of how many people are actually applying fraudulently to the apartments.
Do other people get affected too?
It ultimately raises rents for everyone because you're raising rents thinking that there's all this demand for your apartments at a particular price when in reality so much of it is actually fraudulent.
The reality is so many people cannot even afford the original rent to begin with.