Landlords are important gatekeepers in the rental market, and scholars have studied landlord perceptions across different markets. But differences between landlord logics within a market, which drive landlord behaviors, have been largely unexamined. Drawing chiefly on 30 in‐depth landlord interviews and 20 observations with property managers in Philadelphia, I argue that landlords exhibit a range of logics. When faced with rental market decisions, some employ profit‐maximizing criteria, whereas others consider social closeness with tenants or the meanings of properties. These differences relate to pathways into property ownership: landlords who obtain property circumstantially focus on profit maximization less than those who purchase property deliberately to pursue profits. This paper extends our understanding of landlords, connecting their pathways to a range of logics within a single market context. It also suggests that policies should consider the logics of landlords they seek to influence.

中文翻译：

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了解房东的不同逻辑：间接与故意的路径

房东是租赁市场中重要的守门人，学者们研究了不同市场中房东的看法。但是，市场中导致房东行为的房东逻辑之间的差异在很大程度上尚未得到检验。我主要借鉴了费城30位业主的深入访谈和对物业经理的20项观察，认为房东表现出一系列逻辑。面对租赁市场的决策时，有些采用最大化利润的标准，而另一些则考虑与租户的社会亲密性或财产的含义。这些差异与财产所有权的途径有关：与那些故意购买财产以谋取利润的业主相比，财产获得权属的业主对利润最大化的关注较少。本文扩展了我们对房东的理解，在单一市场环境中将其路径与一系列逻辑联系起来。它还建议政策应考虑他们试图影响的房东的逻辑。