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Here in NI we have housing not for profit co-ops [so sorta your company structure but not with as much £££ behind it as some commercial developments] or the Northern Ireland Housing Executive [government owned, so it is run into the ground of course...sigh...]
I see what you mean about regulation/capital etc.
But it also seems to me that a lot of the time the capital and clout is used to make an easy profit/lobby for lowering regulations/making it about paperwork which THEY can fill out but it is hundreds of pages of legalize none of us will understand.And the "small" landlord cannot compete against big companies either (it seems to me).
JWestland-
And the "small" landlord cannot compete against big companies either (it seems to me).
I'm all for small business in general - from what I've read they generate more wealth and employment for the local economy. But in the housing sector I struggle to see what value it adds. It's exactly the sort of business that seems best matches to large institutional money... which is why ( anecdotally) so many institutions are looking to get into long term care and OAP resi property.
I also don't have the same negative view of regulation.
It's all by the by as any legislation implemented needs to be part of a wider unified housing policy.
NI is an odd one anyway as you had decades of abnormal suppression of the housing market.
hugo7
Honestly, I think the rental sector it is best controlled and run by professional business.
They would be easier to regulate and be able to have the infrastructure to provide a decent level of service. They would also be more likely to have the capital and stability to move towards longer, stronger leases. They could use their economies of scale to weather lower profit margins on each property.
God forbid the state could even set up a competitive equivalent using its epic monopoly of scale.