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Can you explain why this should not happen at all? From the renter's experience, corporate landlords are more likely to follow the law. From the perspective of
by epistasis 3y ago
Can you explain why this should not happen at all? From the renter's experience, corporate landlords are more likely to follow the law.
From the perspective of homeowners, I can see that this adds another competitive player, and allows lower-income renters into wealthier neighborhoods.
I do not see why this should not happen at all.
- oliwarner 3y agoThere's nothing inherently wrong with a company owning property. The problems come when they own a statistically significant percentage of the market. They gain unfair price controls, have unparalleled market data, higher control over agents. All the normal things you get with monopolies. The resource type matters too. These companies aren't building extra homes to let, they're taking over their competition, vacuuming up stock as fast as they can.