“The profits were staggering. In 1966, a Chicago landlord told a court that on a single property he had made $42,500 in rent but paid only $2,400 in maintenance. When accused of making excessive profits, the landlord simply replied, “That’s why I bought the building.”

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Originally said in English.

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About Matthew Desmond

Evanston-based sociologist and MacArthur Fellow, Desmond is an authority on housing insecurity in the United States. His work, including the Pulitzer Prize-winning *Evicted*, exposes systemic barriers to stable housing and their ripple effects on families and communities.

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"The profits were staggering. In 1966, a Chicago landlord told a court…" — Matthew Desmond | Daily Quotes