3 ms·

Aren’t commercial real estate owners famous for not lowering prices? They don’t want to accept a lower rent amount as it lowers the valuation of their portfolio

• PeterisP 3y ago
  Yes, that's true, so the true impact of these vacancies on other aspects of society won't be visible until (and if!) they start actually lowering the rent despite having various reasons not to want that.
  • bequanna 3y ago
    …or they start defaulting on loans because they don’t have the cash flow to cover payments.
  • lazide 3y ago
    It’ll typically only happen when they’re insolvent anyway, and can’t make payments.