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Debra Acosta

👤 Speaker
31 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

And then the landlords are overwhelmed just with the eviction process.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

They're not going after these people criminally.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

And we spoke to many different landlords and none of them said that they were going after these people.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

How does this situation end?

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

Do people end up having to leave because they just can't pay?

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

People might be able to get away with this for a few months, but ultimately they're going to get evicted.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

What developers are doing now, what landlords are doing, is employing these new services to help them combat the fraud.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

And so that gives them a full picture of how many people are actually applying fraudulently to the apartments.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

Do other people get affected too?

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

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.

WSJ What’s News
Warner Bros. Discovery Is Exploring a Sale

The reality is so many people cannot even afford the original rent to begin with.

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