Corporations shouldn't be allowed to own residential properties. Period.
replies(4):
If corporations can't own residential properties, how would anyone rent a house? How would home builders build model homes? How would Trusts manage real estate?
This is a complex and nuanced problem.
Anecdotally: I've rented 5 different single-family houses in my life. All of them were rented from individuals.
Only 1 out of the 5 had a landlord that owned some other stuff that they also rented out.
For the remaining 4 out of 5, the landlord only had that singular property to rent: They lived wherever they lived, and they also had an extra house for whatever reason that they rented to me.
But sure: If you want to bet that you're right about a very specific situation that you have no specific knowledge of, then don't let me stand in your way. A fool and his money are soon to part.
In most cities, when you rent a detached house from a corporation, it's really one individual behind it.
These people are likely not the minority.