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And then the problem is that the rent increase is limitless (unless limited by your lease). If your business is doing well, they'll raise it to the maximum, an
by OptionOfT 2y ago
And then the problem is that the rent increase is limitless (unless limited by your lease).
If your business is doing well, they'll raise it to the maximum, and moving businesses is way harder than moving homes.
No wonder that all the restaurants in the nearby newly built strip mall are large chains. They can pay the rent. But there is no space for the local couple that has a taco place. They can't compete on cost ingredients with say Chipotle.
Sad.