And the 'Lords Taketh from Renters

Updated
Landlord drinks your milkshake
Landlord drinks your milkshake

It's a classic case of "come closer" turning into "get lost."

The 'lords - landlords - have given, and now are taking, from renters. A perfect illustration of this is featured in The New York Times. The story begins when an Upper East Side apartment developer found himself in the unenviable position of having unsold inventory during the market collapse last year. His apartments had an asking price of $2.995 million dollars each. Offers on the empty apartments topped out at "just" $2.2 million.

The solution seemed so easy...

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