News for hackers. Stuff that matters.

A comment on More than half of American retailers didn't pay their rent in April and May. Parent comment

Re:More than half of American retailers didn't pay their ren... by jeromegv on Thursday June 04, 2020 @04:58PM (#23421689)
What's the proportion of commercial landlords that have a mortgage to pay? Because when their building is already paid, interruption of rent isn't really impacting them.
[ Parent | on HN ]
Re:More than half of American retailers didn't pay their ren... by wmf on Thursday June 04, 2020 @05:14PM (#23421892)
All of them? The economy has been pushing everyone, including landlords, to lever up for decades.
[ Parent | on HN ]
Re:More than half of American retailers didn't pay their ren... by bananabreakfast on Thursday June 04, 2020 @06:05PM (#23422514)
Property tax on commercial property is huge and lasts forever. Interruption of rent may force them to sell their property or be unable to afford their taxes.
[ Parent | on HN ]