6 ms·
The value of a building (or the land it sits on) in a commercial district is entirely linked to the potential for that building to make money. During lockdown t
by the_other 6y ago
The value of a building (or the land it sits on) in a commercial district is entirely linked to the potential for that building to make money. During lockdown there's MUCH less opportunity for that building to make money. Accordingly, rents should drop; banks should make equity release more readily available etc etc.
- jacquesm 6y agoRental contracts are typically five or ten year fixed. You don't get to renegotiate in the middle because circumstances change.