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Cake day: August 2nd, 2023

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  • Okay, that sounds fine, but what about an apartment high rise? That’s a residential property, and there’s not a great way to have it all be rental property without being owned by a corporation of some kind.

    Then not all of them have to be for rent. In my country at least you can buy individual apartments.

    Also you could allow them to own the property they build, but once sold off, they or another corporation (or individual with too many properties, maybe the limit can be 3 or 4) cannot buy them again.

    Obviously I’m not a lawyer and this was just a quick suggestion. I expect people more familiar with the law can word this better.






  • It’s fine as a concept, it allows you to live somewhere without making a commitment long-term.

    But there needs to be more regulations in place, like maybe making it illegal for corporations to buy residential property and requiring by law that any new residential building must have the option to buy as well as rent, with regulations to ensure it’s a fair price.