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The others who reside there also won’t be as invested in improving the local area as an owner-occupier would be, as most of the benefits of the area becoming ni
by kristianc 8y ago
The others who reside there also won’t be as invested in improving the local area as an owner-occupier would be, as most of the benefits of the area becoming nicer would accrue to the landlord through the rental market.
- yardstick 8y agoCould have middle class owner occupiers rather than ultra wealthy owner-unoccupiers?
- closeparen 8y agoAt the point where only international oligarchs can afford to live there, the neighborhood has been improved way too much.
- kristianc 8y agoWell quite - but that won't bother owner unoccupiers until it starts to have an effect on the value of their property. Municipal authorities that have to deal with completely hollowed out areas of town on the other hand..