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You lost me at point 4. Why would more revenue mean a higher willingness to pay rent unless it made them more profit?
by MattGaiser 2y ago
You lost me at point 4. Why would more revenue mean a higher willingness to pay rent unless it made them more profit?
- gamedever 2y agoA restaurant that has more money can afford more rent. A restaurant that doesn't have more money can't afford it. So, everything else being equal, better restaurants, making more money, are more likely to rent places that cost more since. Seems pretty straight forward. it's no different than saying people with higher income, overall, rent/buy housing that costs more.