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Landlords do not provide a service. They take otherwise-purchasable properties off the market, then make money off preventing other people from owning them in
by danaris 4y ago
Landlords do not provide a service.
They take otherwise-purchasable properties off the market, then make money off preventing other people from owning them in perpetuity.
Some landlords also offer property management services, but that is a separate field entirely. It would be fairly easy for an apartment building to consist of entirely owner-occupied units, who could then join together in a co-op to either put individual local contractors on retainer for things like plumbing, electrical, and miscellaneous repair services, or find a one-stop-shop company to hire for it.