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 Post subject: New York Housing Mayor Calls for Institutional Landlords
PostPosted: Wed Nov 12, 2014 8:26 pm 
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Real Estate Developer

Joined: Jul 27, 2011
Posts: 797
Thought this article might be of interest

http://www.theguardian.com/society/2014 ... tal-market


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 Post subject: Re: New York Housing Mayor Calls for Institutional Landlords
PostPosted: Wed Nov 12, 2014 11:22 pm 
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Under CAB Investigation

Joined: May 12, 2012
Posts: 1832
There are a few wholly-owned and wholly-let apartment complexes in Dublin. I lived in one for a while

At the outset it was comforting to know that it wouldn't be pot luck with regard to maintenance, etc. There was a 24-hour number to call if things went wrong. A fridge went and was replaced as soon as practical.

We had problems with a noisy neighbour which we couldn't resolve in person. We kept a log and took it to the management company. They were able to threaten non-renewal of contract if it didn't stop. It seemed to work. This kind of thing would be impossible in separately-owned and -managed apartments.


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