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Strangely, there's a ton of vacant commercial real estate in my neighborhood that the corporate landlords don't seem to be in any rush to rent out.
by yupitsme123 1y ago
Strangely, there's a ton of vacant commercial real estate in my neighborhood that the corporate landlords don't seem to be in any rush to rent out.
- dylan604 1y agoCan they count empty units as loss so they can deduct it?
- WalterBright 1y agoSuch distortions are often the result of rent control.
- rightbyte 1y ago"Comercial real estate". Where are there rent control on that. I think empty leases is due to not wanting to write down the value of the property by offering it at market value. I.e. some sort of silly game with the banks where both pretend to know nothing.