The people who owned and lived in it would maintain it, because it would be their home and they own it. He only has to maintain it because he’s getting other people to pay for it for him as an investment. The building wouldn’t just poof disappear if it were owned by a housing coop, and people could actually be earning equity with their living situation instead of paying for your FIL to spend 95% of his time fucking around doing nothing and 5% fixing leaks or whatever.
The people who owned and lived in it would maintain it, because it would be their home and they own it. He only has to maintain it because he’s getting other people to pay for it for him as an investment. The building wouldn’t just poof disappear if it were owned by a housing coop, and people could actually be earning equity with their living situation instead of paying for your FIL to spend 95% of his time fucking around doing nothing and 5% fixing leaks or whatever.