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Think the fact that the leases are coming due over the next few years rather than all at once will prevent a bailout? Might just be a slow decline like old fact
by muttled 3y ago
Think the fact that the leases are coming due over the next few years rather than all at once will prevent a bailout? Might just be a slow decline like old factories in Chicago that sat vacant for a while and then got snapped up for commercial space since they were so cheap.
- mewse-hn 3y agoThat sounds like the sort of soft landing that I think everyone is hoping for. Stuff I've been reading has described landlords leaving buildings empty rather than lower prices and rent to smaller tenants, that sort of artificial propping up seems like it could precipitate a crash.