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comment by OftenBen
OftenBen  ·  2287 days ago  ·  link  ·    ·  parent  ·  post: How to Buy a House the Wall Street Way

    it's good business to be ruthless with tenants.

I think a question that bears asking, at least in my mind is

"How do you make it bad business to be ruthless with tenants?"

Some kind of incentive to keeping tenants long term?





kleinbl00  ·  2287 days ago  ·  link  ·  

Comes down to corporate incentives, doesn't it?

A corporation's only incentive is money. Short term, long term, whatever. You form a corporation in order to enjoy its profit structure. You then proceed to externalize everything not related to profit on anyone and everyone available. Saint Milton himself said it this way: Corporations have to do everything to maximize profit within "the rules" and if those rules don't protect people from corporations, it's proof that people didn't really want to be protected.

A community, on the other hand, has many incentives: Community well-being. Traffic management. A clean environment. Low crime. A stable population. Community ties. All sorts of things that cut into the profit margins of large corporations.

So really, socialism.