One thing the article didn't mention, that at least I think plays a factor, is for whatever reason, no matter how long their properties sit vacant and empty, co

One thing the article didn't mention, that at least I think plays a factor, is for whatever reason, no matter how long their properties sit vacant and empty, commercial landlords never seem to lower their lease rates. For some esoteric reason I don't fully understand that likely is some combination of taxes, capital gains and market pricing, commercial landlords seem to think its more advantageous to let properties sit empty for years, than in it is to lower their rates to see them occupied. Where I live in Vancouver there are busy commercial neighborhoods that have had literally dozens of storefronts sit empty for years because no one can afford the leases and the landlords won't lower their rates. It just seems to me, an admittedly unsophisticated commercial real estate neophyte, that the market for commercial real-estate seems to be fundamentally detached from market forces, likely due to the creation of taxation and regulation regime that provides incentives for commercial landlords to hold vacant properties rather than lower rates and if we as a society want to fix this, we need to look frameworks that are in place that make it a better deal for commercial landlords to sit on vacant properties than react to market forces and lower rates.