I ran across Stop the Cap this evening while reading some blog post and Google alerts. At the risk of causing discord with the fine people over at Mid-America – I have to ask, is it really worth it? I recognize the value in exclusive marketing relationships and revenue shares and advocate them myself but this one seems very anti-resident. In jest, I kind of wish I had a few Mid-America communities in my various sub-markets, I could use a few occupancy points.
Maybe the story has it all wrong and if so my apologies for drawing a spotlight to it. However, if it is valid the following excerpt really sums up the downside:
Mid-America earns a significant kickback bonus from Comcast for mandating cable service on all of its renters. That upsets many renters who choose not to have cable service, or subscribe to a satellite provider like DirecTV or DISH. The $40 fee doesn’t go away if you don’t want the service. Earlier in July, Stop the Cap! covered Mid-America’s mandatory cable service introduction in other parts of Tennessee and Texas.
My question comes in the context of an era of social media – did anyone consider the potential for bad buzz?
What does the community think? Good idea? Bad idea? Other points?
Be gentle –