2 ms·
Yes a vacancy tax would help in that scenario. But why would landlords leave the place empty rather than taking some rent. Are a lot of them without debt and ow
by quickthrower2 7y ago
Yes a vacancy tax would help in that scenario. But why would landlords leave the place empty rather than taking some rent. Are a lot of them without debt and own the buildings outright?
- mulmen 7y agoThere is a coffee shop down the street that couldn’t pay their rent a couple years ago, way before coronavirus. They started a gofundme to bail themselves out and promoted it on the hyperlocal blog. The nouveau riche giddily bailed them out. Landlords here seem to know, consciously or not, someone with money to burn will pay the price. I’m personally aware of several small businesses that are simply burning capital from family or friends to stay alive. Almost all of it goes to rent.