Why does the state allow property to exist?

Property is a new industry after the privatization of housing. When the earliest houses were not privatized, we lived in houses all over the country. Therefore, the state has an institution specializing in the management of houses, called the Housing Management Office or the Housing Management Bureau, which manages all aspects of the lease and use of our houses.

After the privatization of the house, the property right of the house is yours, but the daily maintenance is entrusted to a real estate company for management. The entrusted company is called a property management company.