The two times I’ve stayed in an apartment complex, they had staff onsite and repairmen and someone on call. The individual landlord doing this on the side is likely undercapitalized and operating on thin margins and not budgeting for repairs
The difference here comes from the distinction between corporate landlords that actually want a sustainable business, and corporate landlords that know they will never make the money back for either rent control or market reasons and so only care about extracting as much money as possible before the building falls apart.
The difference here comes from the distinction between corporate landlords that actually want a sustainable business, and corporate landlords that know they will never make the money back for either rent control or market reasons and so only care about extracting as much money as possible before the building falls apart.