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Note that if Chez Panisse owns its space, it likely pays practically nothing in property taxes considering businesses benefit from prop 13 too.
by bcrosby95 5y ago
Note that if Chez Panisse owns its space, it likely pays practically nothing in property taxes considering businesses benefit from prop 13 too.
- mannerheim 5y agoEven without rent or property tax, there's still opportunity cost. If they could make more money renting out the building than their business makes, it isn't worth it.