Posted 1/8/2014 20:46 (#3587781 - in reply to #3587567) Subject: RE: Right Jim....
So. IL
west illini - 1/8/2014 19:57
"The problem for some folks that signed on to high rents is there is no room for belt tightening. The belt was tight at ~$6 corn."
They used that price just to get into the door. Now they have to figure out how to afford to stay.
Exactly right. Landlords need to demand the rent that was contracted. We looked at our rent prices and decided what would cash flow and lost ground because of it. Now it's time to watch the new renter loose money!