Competing with cowboys

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We spend a lot of time looking at rental listings to ascertain market pricing for apartments of various types in different neighborhoods.

Recently, we’ve seen a lot of renovated product come onto the market.

Out of interest, I often check to see who owns the buildings and whether they’ve pulled the relevant permits for the renovations.

Very, very often, the answer is “no”.

This drives me crazy, because we are scrupulous about complying with city laws, even at great expense, and it’s ridiculous to have to compete with people who cut corners.

So far, I have refrained from doing anything about my frustration. But it’s getting harder and harder.

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