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Neither of those are sparkling businesses during the pandemic
by pbourke 6y ago
Neither of those are sparkling businesses during the pandemic
- toomuchtodo 6y agoThey don’t have to be. The buildings will still be there, it’s the debt securing them (and equity, depending on the capital structure) that’ll eat the losses until they’re repurposed at some point in the future.
- ZanyProgrammer 6y agoAssuming they’re secured and maintained enough to avoid vandalism and damage. Once water/mold start getting into abandoned buildings there’s only one option left eventually.