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Wealth & Money Quote by Dick York

"We bought an apartment building and were going to live off the rent money. We rented to people who were on welfare and a lot of times they couldn't pay the rent. We wouldn't throw them out so we lost the building"

About this Quote

There is a quiet demolition buried in York's plainspoken arithmetic: a fantasy of passive income colliding with the messy ethics of real life. "We bought an apartment building" carries the tidy confidence of postwar middle-class ambition, the idea that property can become a machine that prints stability. Then he introduces the variable that breaks the machine: tenants "on welfare", people whose lives are governed by bureaucracy, delays, and precariousness. The line "a lot of times they couldn't pay" is almost shrug-level casual, which is exactly why it lands; he isn't dressing it up as tragedy or virtue, just stating the way the system behaves.

The subtext is a moral choice disguised as a business decision. "We wouldn't throw them out" is the hinge. York frames compassion not as a heroic act but as an unsentimental refusal to do the standard landlord move. That refusal has a consequence: "so we lost the building". The sentence structure is brutal and honest, a cause-and-effect chain that reads like a lesson he didn't ask to learn.

Context matters: York was a working actor, not a mogul, and this is the era when celebrity could look like security while still being financially brittle. His story punctures the American promise that ownership automatically equals control. It also exposes a social policy gap: welfare recipients become risky tenants not because they're irresponsible, but because the safety net is thin and rent is unforgiving. York isn't moralizing about poverty; he's admitting that decency, in a market built on eviction as enforcement, can be financially punishing.

Quote Details

TopicInvestment
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Citation Formats

APA Style (7th ed.)
York, Dick. (2026, January 15). We bought an apartment building and were going to live off the rent money. We rented to people who were on welfare and a lot of times they couldn't pay the rent. We wouldn't throw them out so we lost the building. FixQuotes. https://fixquotes.com/quotes/we-bought-an-apartment-building-and-were-going-to-140830/

Chicago Style
York, Dick. "We bought an apartment building and were going to live off the rent money. We rented to people who were on welfare and a lot of times they couldn't pay the rent. We wouldn't throw them out so we lost the building." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/we-bought-an-apartment-building-and-were-going-to-140830/.

MLA Style (9th ed.)
"We bought an apartment building and were going to live off the rent money. We rented to people who were on welfare and a lot of times they couldn't pay the rent. We wouldn't throw them out so we lost the building." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/we-bought-an-apartment-building-and-were-going-to-140830/. Accessed 18 Feb. 2026.

More Quotes by Dick Add to List
Living Off Rent: Challenges of Welfare Tenants - Dick York
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About the Author

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Dick York (September 4, 1928 - February 20, 1992) was a Actor from USA.

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