In Evicted: Poverty and Profit in the American City by Matthew Desmond, the author shows not only that there is money to be made renting housing to the American lower class, but also that it is in fact more profitable than renting to their more economically well off counterparts.
This is not because they have more money to part with but because they can be squeezed harder.
The wider concept seemed counterintuitive to me at first but I see various implementations abound in the wild the harder I look. This article shows one example.
This is not because they have more money to part with but because they can be squeezed harder.
The wider concept seemed counterintuitive to me at first but I see various implementations abound in the wild the harder I look. This article shows one example.