Hacker News new | ask | show | jobs
by AnssiH 3008 days ago
Commonly apartment complexes here (Finland) are owned by building-specific limited liability housing companies that do not make profit, with shares corresponding to apartments. Those shares are then owned by various individuals or rental companies, so a building office makes less sense.

But if a rental provider company owns the complex outright, they still don't have building-specific offices, but just one central office per city/region.

2 comments

That arrangement would be considered a co-op in the United States.

While such an arrangement is possible and legal everywhere something like 95% of all co-ops are in New York City.

What's the upside for the company that owns the building?