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Same experience here in Central Florida, a large chunk of independent complexes were bought up by Greystar, and promptly driven into the ground. Of course since
by bearjaws 5y ago
Same experience here in Central Florida, a large chunk of independent complexes were bought up by Greystar, and promptly driven into the ground. Of course since the whole area is growing they still run profitably, but the complexes are barely kept up, maintenance is slow and QoL is overall poor.
You can even see they rebrand them every 3-4 years to get rid of bad reviews...
- salawat 5y agoThis seems pathological. I'm wondering if we need to look at doing a better job in terms of requiring/tracking corporate lineage. The "Name on the building", as it were, represents a valuable lever for the public to identify and hold to account the management that makes their lives hell. Whipping up a new legal fiction, changing faces, but keeping the same people at the top needs to not be as trivial as it seems to have become, especially if the Courts are treating these entities as distinct instead of as a wrapper or veneer on the same rotten core.
- chordalkeyboard 5y agothe black pill is that corporations are designed to separate liability from people and profits, and this includes repetitional liability. the only solution is to attach the behavior to the actual individuals responsible.
- orhmeh09 5y agoThis would be some real utility of a social credit score.
- herval 5y agoBuilding I live on has clearly fake reviews on their official site and loads of 5 star reviews with no comments on google/yelp/etc, offsetting all the resident reviews (1-2 stars). It's quite difficult to realize that, unless you go through each review carefully. I fell for it, and had that conversation w/ multiple neighbors.