Why is the property not afraid of laws and regulations?

The industry norms are not perfect, and the cost of owners' rights protection is high.

1. Imperfect property industry norms: the industry norms are imperfect and lack of specific constraints, making it difficult to obtain effective legal sanctions, thus weakening the binding force of laws and regulations on property companies.

2. High cost of rights protection: Owners may encounter unreasonable behaviors of the property management company, such as unreasonable charges and inadequate services. Owners want to protect their rights through legal means, which may cost more and invest more time and energy.

3. As a service industry, property must abide by relevant laws and regulations, otherwise it will be punished and held accountable. In reality, some property companies may have non-compliant behaviors and will be eliminated by the industry.