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A comment on $3 Trillion in Forgotten Debt. Parent comment
An example: my mother managed to significantly negotiate down her commercial lease after a court case with her landlord.
The price that she now pays is significantly below market rate. Itβs also locked in for the next decade or so. That lease is quite valuable.
The same is true for rent controlled apartments. I have had one in San Francisco for the last 5 years and pay significantly below market rate.
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An example: my mother managed to significantly negotiate down her commercial lease after a court case with her landlord.
The price that she now pays is significantly below market rate. Itβs also locked in for the next decade or so. That lease is quite valuable.
The same is true for rent controlled apartments. I have had one in San Francisco for the last 5 years and pay significantly below market rate.