If the market is adequately regulated they wont be shittier landlords. There somehow is this romantic idea of smaller scale landlords to be like the good old guy that want to help a family find a good place and accept a modest profit. They exist, but the majority are just equally cutthroat like large corpos. Difference is that large corps have more means to be strategic about it and accept risks like 5% of tenants suing successfully while the rest just accepts the illegal treatment.
Is there a downside further in the article or is it just all positive news?
The downside is they’ll just be bought up by corporations who will be even shittier landlords.
If the market is adequately regulated they wont be shittier landlords. There somehow is this romantic idea of smaller scale landlords to be like the good old guy that want to help a family find a good place and accept a modest profit. They exist, but the majority are just equally cutthroat like large corpos. Difference is that large corps have more means to be strategic about it and accept risks like 5% of tenants suing successfully while the rest just accepts the illegal treatment.
My current landlord has broken half a dozen laws, so yeah… At least corpos don’t do that.
Idk about that. Almost all renting horror stories are with small private landlords.