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There's no property management monopoly.... Not by a long way. Fundamentally the problem is the company is hired to provide a service for the landlord but that
by hayd 9y ago
There's no property management monopoly.... Not by a long way.
Fundamentally the problem is the company is hired to provide a service for the landlord but that service is paid for by the tenant. Hence usual market incentives for good behavior don't exist.
- ikeyany 9y agoLack of incentives for good behavior is the natural outcome of a necessity like housing being privately owned--with no realistic alternatives. Liken this to water; we are free to buy our own expensive water if we want, but wouldn't you be outraged if there were no baseline of free/low cost tap water?