4 ms·
From the perspective of a landlord, if I have a good tenant, I'd rather rent for 2 years instead of 1 and will price lower accordingly. Vacancy rate is a key dr
by krschultz 12y ago
From the perspective of a landlord, if I have a good tenant, I'd rather rent for 2 years instead of 1 and will price lower accordingly. Vacancy rate is a key driver on ROI. Note that some commercial leases are as long as 10 years.
If the economy crashes and people stop vacationing, you won't be filling many nights in a hotel.