So, one or two neighbourhoods? Barring some dramatic kind of tenure reform, this isn’t such a bad idea for tenants, given that unlike so many landlords, this venture is being run by firms big enough to attract scrutiny, and competent enough to know what processes and laws to follow, even if they will push those boundaries.

As an aside, the article also refers to a story on ‘digitising the rental market’ which seems to be about moving the US market away from rent checks? Why are these still a thing there? in most countries at least in OECD this is like doing business via fax or even telex.