I mean, FWIW, the issue primarily relates solely with residential dwellings: Businesses generally have a better grasp on risk factors. Also, many residential cooperatives, to my knowledge, refer largely to house-sized structures, especially... in the mid-1800s. It's much more affordable to manage repairs for less floors and traditional wood frame construction.
It's also plausible the legal structure of a condominium itself is the problem that leads to, well, largely incompetent management.
Obviously I'm not sure landlords are a winning solution for anyone either. But particularly for large structures, I would prefer actual public/government management over a quasi-government entity comprised of self-centered residents.
