2 ms·
Those companies don't own the buildings, they bought them on credit, just like everyone else.
by phendrenad2 4y ago
Those companies don't own the buildings, they bought them on credit, just like everyone else.
- wolpoli 4y agoThese companies do actually own the buildings based on the normal definition of own. The fact there are loans on the buildings does not change that.
- phendrenad2 4y agoYou're right, but the normal definition of building ownership is a bit weird. Can the company do anything it wants to the building without consulting the bank?
- wolpoli 4y agoWell, there are some restrictions on what the bank might not allow the owner to do and that might be where the confusion lies.