That sounds like a solution but isn’t. In my experience, the corporations I had as landlords were completely aware of what they are allowed to do and are obligated to do. The private landlords I had were the craziest bitches imaginable. Stuff didn’t happen as it should have, laws were intentionally misinterpreted and twisted, etc.
The reason why my experience differs so much is laws. Here in Germany, we’ve got strong renter’s protection laws. They are still too weak in some places but really, really clear in most. So while my private landlord tried to make me pay for repairs, the company doesn’t bother with such illegal bullshit, sends over a contractor they work with regularly and shit gets done.
The problem isn’t corporate ownership of housing, it’s generalized speculation in the real estate market.
If you want to buy rental housing to maintain it for people to live in, that’s a legitimate thing that benefits society.
If you want to buy housing for the purposes of reselling it for more money, or converting permanent housing into rentals or illegal hotels, that doesn’t have value.
Housing should be for people to live in. Hotels should be for people to stay in.
That sounds like a solution but isn’t. In my experience, the corporations I had as landlords were completely aware of what they are allowed to do and are obligated to do. The private landlords I had were the craziest bitches imaginable. Stuff didn’t happen as it should have, laws were intentionally misinterpreted and twisted, etc.
The reason why my experience differs so much is laws. Here in Germany, we’ve got strong renter’s protection laws. They are still too weak in some places but really, really clear in most. So while my private landlord tried to make me pay for repairs, the company doesn’t bother with such illegal bullshit, sends over a contractor they work with regularly and shit gets done.
The problem isn’t corporate ownership of housing, it’s generalized speculation in the real estate market.
If you want to buy rental housing to maintain it for people to live in, that’s a legitimate thing that benefits society.
If you want to buy housing for the purposes of reselling it for more money, or converting permanent housing into rentals or illegal hotels, that doesn’t have value.
Housing should be for people to live in. Hotels should be for people to stay in.