4 ms·
The answer is more boring than financial conspiracy. Rents are sticky and both evictions and finding new tenants are a pain in the ass. Especially for a commerc
by dodobirdlord 6y ago
The answer is more boring than financial conspiracy. Rents are sticky and both evictions and finding new tenants are a pain in the ass. Especially for a commercial space, better to wait a while for the 10x tenant than to settle for the 8x one.
- Spooky23 6y agoIt's not a conspiracy, just a murky business. Real estate is the most "advantaged" businesses out there. They tend to support local political figures heavily and get heard.