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A comment on Japan to subsidize 100% of salaries at small companies. Parent comment

Re:Japan to subsidize 100% of salaries at small companies by iso1210 on Sunday April 26, 2020 @01:16PM (#22988556)
> Not just temporarily, but the space is empty and there is a big "for rent" sign in the window.

That's crazy. I can't imagine much demand for retail space at the moment, so why would a landlord kick out a previously good customer in order to let it go empty.

Once places open back up, nobody is going to be opening new resturants any time soon, so rents will be way down on any new tenant.

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Re:Japan to subsidize 100% of salaries at small companies by capdeck on Sunday April 26, 2020 @06:01PM (#22990668)
> why would a landlord kick out a previously good customer

I don't think they did. If I owned a small restaurant or a book store - having been closed for a month would be devastating in itself. Seeing no light at the end of the tunnel (another month to re-open, and then probably months of very few customers, on top of a crazy unemployment rate) I'd voluntarily cut my losses and settle with landlord to end the lease early. I'd assume that what had happened.

[ Parent | on HN ]