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Commercial real estate companies assume they will have X% vacancy so it’s factored in. Meanwhile, they pass rent increases onto their other tenants/properties a
by diogenescynic 7y ago
Commercial real estate companies assume they will have X% vacancy so it’s factored in. Meanwhile, they pass rent increases onto their other tenants/properties and overall they just keep pushing prices up. They can just sit on the property as prices continue to rise and it won’t really matter. In the end they still come out ahead.