02/11/2013 09:51 am ET

For Some Landlords, Real Money In The Homeless

Willy Machan acknowledges he is a gadfly, someone who writes bristling letters to local officials to get conditions improved in his grim single-room-occupancy building. But he was surprised by what his landlord offered last July to persuade him to move out of the room he has lived in since 1984 and for which he pays $371 a month.

“If you are not happy, I will give you $25,000 cash,” he recalled the landlord’s representative telling him.


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