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"When a restaurant re-opens, it now owes tens or hundreds of thousands of dollars in back rent. The restaurant goes bankrupt and the landlords get paid from the
by chmod600 4y ago
"When a restaurant re-opens, it now owes tens or hundreds of thousands of dollars in back rent. The restaurant goes bankrupt and the landlords get paid from the liquidated assets."
Is that what actually happens?
"That's nothing short of wealth transfer from restaurant owners to landlords."
You're arguing that the owners of commercial real estate are winners here?