This is basically just a system with no ownership and maximum of 1 year leases for everything. If you rent an apartment with 1 year leases, you don't have an in

This is basically just a system with no ownership and maximum of 1 year leases for everything. If you rent an apartment with 1 year leases, you don't have an incentive to try to sublet your apartment for the last day of the lease every time the lease comes up for renewal because no one will pay you very much for one day's use of the apartment and you wouldn't be able to use the apartment for that day.