grebc

11 ms·

271.
by grebc 4mo ago
Yes I understand your point - you are just a commentator with no actual interest in the matter hand. Not an owner, not a tenant, just some random stranger strolling on the street thinking other people should do something because you think i
272.
by grebc 4mo ago
How is it systematically bad? Is there a banking crisis?
273.
by grebc 4mo ago
Dig and fill away dear fellow, that's what this site does best. The whole sector doesn't have a vacancy problem. And it's not a problem for the banks nor the owners if they're servicing their loans. Sure they're not
274.
by grebc 4mo ago
You don’t have knowledge into the borrowers capacity to pay based on a single vacancy.
275.
by grebc 4mo ago
Have you ever considered that your opinion, that it’s worth less, is incorrect?
276.
by grebc 4mo ago
The people advocating for change in this situation likely advocated for all the impediments you’re providing as to reasons why it’s not supposedly a free market. Someone bought an asset they could afford to hold in bad times. End of story.
277.
by grebc 4mo ago
That’s the free market in action. You can’t afford something, so you don’t buy it.
278.
by grebc 4mo ago
Banks maintain the capital/liquidity ratio’s they’re told they have too. People are actually advocating for looser lending requirements, which I’m perfectly fine with but the result might not be what they expect either.
279.
by grebc 4mo ago
Broken how? The owner/bank are fulfilling their obligations. You just don’t like the outcome.
280.
by grebc 4mo ago
You keep asking the same question and the answer is the same in all these. You don’t like it. We get it. No one is doing anything illegal. If the bank thought a customer couldn’t pay, they’d get foreclosed, end of story.
281.
by grebc 4mo ago
You’re paying the loan, go for it son.
282.
by grebc 4mo ago
What you’re proposing is a brand new tax just because you don’t like people who play by the rules as written. Well done. Way to encourage people to not do things.
283.
by grebc 4mo ago
Commercial property is only unique in number on a street location factor. Plenty of the same type of commercial properties exist right next to each other, happily too.
284.
by grebc 4mo ago
You’re correct in that you don’t want to transact . Everything else is your own opinion, which of course is fine.
285.
by grebc 4mo ago
If you think there’s a better use it’s a free market. It’s even up for lease, you don’t even need to buy it ;)
286.
by grebc 4mo ago
Banks care that you pay their loan first and foremost, how you do that as the borrower is up to you. They care about the regulatory requirements in so far as you either meet it, or you don’t at the time of writing a loan. And maybe you get
287.
by grebc 4mo ago
What sort of property do you own and do you utilise this service? I can’t fathom just putting some dinky reader on the front door and letting absolutely anyone in. The current tenants of mine started a lithium battery fire, almost burnt my
288.
by grebc 4mo ago
Commercial borrowers have to pay for a valuation report by a bank approved valuer.
289.
by grebc 4mo ago
How you think about it is different to how the multiple different players think about it. If you’re levered up to the eyeballs you don’t want your bank reviewing your file.
290.
by grebc 4mo ago
Comments below. There’s no actual problem here to be solved. If people feel they have better uses for a property they should put their money where their mouth is.
291.
by grebc 4mo ago
Tenanted. I know regardless of the vacancy I would not consider day rates, I’d eat the loss and deal with the cashflow via other means. Consider what sort of fit out would be necessary for what’s lets be honest is being suggested - hot desk
292.
by grebc 4mo ago
It’s very clear there is no commercial property investors here, nor commercial borrowers.
293.
by grebc 4mo ago
I own a commercial property, I wouldn’t want to have day to day rentals. I don’t enjoy dealing with property management or the fees they charge.
294.
by grebc 4mo ago
Audited figures would say otherwise.
295.
by grebc 4mo ago
Crypto certainly holds the crown in my books, but this is getting up there.
296.
by grebc 4mo ago
Written off. They might not have spent $30b but they likely valued their asset base at >>> $30b+ and had to adjust that at the time of converting to for profit, is how I read it. “One time non-recurring” is also just accounting dou
297.
by grebc 4mo ago
Probably call a bacon butty a bacon roll(from breadroll - what it’s put on). I’m not claiming anyone’s wrong, it’s just what society you grow up in deem it to be.
298.
by grebc 4mo ago
Someday.
299.
by grebc 4mo ago
Sausage on bread is what it’s called, we’d never call that a hotdog. And fairy bread is just fairy bread, you’re not putting two slices together.
300.
by grebc 4mo ago
That the EU runs a racket? Correct. It does remind me of that.

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