The best answer is: the economic globalization!
let's look at other options:
Capitalism is the system in which the goods are privately owned, but capitalism can be realized on a local scale and does not have to be global.
Trade agreement (even on a global scale: world trade) ake the exchange of goods easier, but it does not yet make their production truly international.
Yes, it is the second one you selected!
An owner is usually responsible for large scale repairs of a unit as well as the obligations of the unit to the city and state in the form of property taxes.
A renter is responsible for keeping the unit in the same condition that it was handed to them by the owner.