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by acdw 2749 days ago
This, precisely. I rent my house right now. It's a good deal because I don't have to worry about maintenance, property taxes, etc. But it's only worth it because I rent from someone who only owns a few properties -- he's a small player, so he has time to be responsive to my needs and his other renters' needs. It's a win-win situation this way.

There would be a problem if I rented from a property management corporation. Just from a logistics standpoint, they simply wouldn't have as many resources to help me when I have maintenance needs on my (really, their) house. That's ignoring all the other problems that come with concentrated ownership -- the buying of political power, etc.

I don't know what the answer is, I wish I did. Maybe something like what you say, a sort of "specialized" ownership. I don't know what that would look like though.