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A lease or rental agreement can be valuable depending on the terms. An example: my mother managed to significantly negotiate down her commercial lease after a
by htormey 9y ago
A lease or rental agreement can be valuable depending on the terms.
An example: my mother managed to significantly negotiate down her commercial lease after a court case with her landlord.
The price that she now pays is significantly below market rate. It’s also locked in for the next decade or so. That lease is quite valuable.
The same is true for rent controlled apartments. I have had one in San Francisco for the last 5 years and pay significantly below market rate.