New York City's municipal budget relies heavily on the property taxes of extremely high-value real estate. That drives gentrification and distorts local policy in other ways that hurt residents.
Not all landlords see their properties purely as investments. As welfare reforms take hold, some are starting to take greater responsibility for the well-being of their tenants.
Housing laws in England can still leave tenants without proper protection, but the latest reforms offer hope for the future.
Landlords could have a big impact on public health, if they help their tenants to feel at home.
Eleven percent of Americans spend more than half of their paycheck on housing. These households rate their health as lower and are less likely to have access to enough nutritious food.