So, a system of incentives needs to be set up which aligns the interests of both the renter and the owner, so that it is in the interest of both of them to improve the property.
I know many people whose main motivation for wanting to own is "to be able to modify their home". The brainless should not be in banking. — Willem Buitler
Of course, that would also expose the owner to a number of structural risks. But people who can afford to buy to let are better placed to carry those risks than people who are renting from them.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.