Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.
So rental that gives the same development right as owning the place but without it being for an indefinite length of time? So you need to have a return on investment before the lease expires otherwise why not just go for a normal rent? 🤔