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Okay, again, are you saying that no one should rent a home under any circumstances or that people who own homes should tie up their money and do it at cost? An
by raw_anon_1111 10mo ago
Okay, again, are you saying that no one should rent a home under any circumstances or that people who own homes should tie up their money and do it at cost?
And again you are wrong. It’s not 30% of the market - it’s 3%.
> Let me update you on this lovely little administrative structure called a STRATA COUNCIL…
Guess what a group of owners who collective own and run something is called - a business
On the other hand, there is an existence proof of what happens when a group of individuals run a group of units - look at the mess that is most condo associations in Florida where they don’t do upkeep and condo buildings are literally falling down.
By the way, since most people don’t know how to run a business like an apartment complex or even a condo association where the units are individually owned, they still end up outsourcing the management to a property management organization as do most HOAs
It’s clear that only one of us in this conversation knows about the real estate business….
Why would anyone invest their money in a company if not for profit?