By Pavlos Loizou, CEO of Ask Wire
This exchange between Andreas, the landlord, and Maria, his tenant, illustrates the broken incentives shaping today’s rental markets. Andreas knows his apartment will rent regardless of its condition, so why spend thousands on insulation, plumbing, or repairs? Maria, tied to a 12-month lease, will never recover what she invests. The result is predictable: deteriorating properties, higher rents, and mounting frustration. This is not
