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As a renter, I preferred to rent from a corporation with predictable, reliable property management. I preferred living in apartments for exactly this reason. Ho
by cle 4y ago
As a renter, I preferred to rent from a corporation with predictable, reliable property management. I preferred living in apartments for exactly this reason. Houses managed by individuals were always way more annoying due to hit-or-miss management issues.
(I agree that corporations hoarding housing is a problem...but they do bring value in some specific areas, even if net value is negative.)
- libertine 4y agoI don't have a problem with corporation managing properties. That's not the problem. For me people could even pay a premium if they want that assurance. The problem seems to boil down to access to money and the destruction it causes, simply because we play by different sets of rules. Housing used to be an asset class that was accessible to people, apparently it's a matter of time before it'll be yet another asset limited to a few bunch. They simply have to drive the prices up enough, and outbid people, which is whats happening. So you have to level the playing field by giving everyone the same type of access to cash, or you make hoarding houses more expensive to the point of being unsustainable.