Final answer:
Managing a 10 unit apartment complex is seen as easier than managing 10 single family homes because it centralizes operations, requires fewer tax obligations, provides psychological satisfaction, and is easier to start up and manage.
Step-by-step explanation:
The question asks why managing a 10 unit apartment complex is easier than managing 10 single family homes. One significant reason is that a complex centralizes operations, such as maintenance, tenant management, and amenity services, which can be more efficiently handled in a single location. This makes it easier to manage compared to the dispersed nature of single family homes. Additionally, complexes tend to be slightly larger and can attract financial capital more easily, which could aid in their management. Another factor is related to taxes and profits. An owner of a single complex enjoys the profits without having to pay a separate business income tax, which is advantageous over managing multiple separate properties. The psychological satisfaction and ease of startup can also be factors that contribute to the preference for managing a unit complex. Lastly, the establishment and maintenance of price ceilings can affect the quality of housing provided. Though not directly about management ease, it highlights a consideration that complex owners may have to give less attention to maintenance because of rental market conditions, potentially reducing some management burdens.