What generosity? It's a business dude, and he'll make a killing. And he'll pay his taxes...I love how the person who puts up a million dollars to build an apartment building gets zero credit for pretty much anything, apparently as his very existence hinges on the generosity of tenants to support him. He'll only lose the building if taxes aren't paid, no biggie. It must suck to sit around hoping his massive investment is financially maintained by other people paying his taxes for him.
Where are you seeing empty apartments and landlords going broke? Everything I see on the local chatter pages are about how apartments are charging crazy high rents and many have waiting lists...
Businesses pass along expenses to ensure they make a profit. or they go out of business. They may not make as much as they like, may even miss their budget. But if they go to long without turning a profit, they go belly up. Simple as that.
Manage a few P&Ls and we'll chat...or take a business/econ class to bolster your understanding of how businesses work...