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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 viscanti on Thursday June 04, 2020 @04:59PM (#23421708)
Things like property taxes and maintenance are fixed costs for property owners. Those can eat up 50% or more of the rental income. So if renters aren't paying, even property owners who don't have a mortgage have high fixed costs that they have to pay.
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Re:More than half of American retailers didn't pay their ren... by Ididntdothis on Thursday June 04, 2020 @05:12PM (#23421872)
The companies that are renting their space also have fixed costs.
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Re:More than half of American retailers didn't pay their ren... by viscanti on Thursday June 04, 2020 @06:20PM (#23422672)
Generally their biggest fixed cost is rent, which most didn't pay.
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Re:More than half of American retailers didn't pay their ren... by Ididntdothis on Thursday June 04, 2020 @07:19PM (#23423150)
That’s very doubtable. I would guess biggest cost is salaries.
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Re:More than half of American retailers didn't pay their ren... by masnaox on Thursday June 04, 2020 @05:37PM (#23422171)
maintenance and tax would NEVER get close to 50pct of the rent, let alone more.
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Re:More than half of American retailers didn't pay their ren... by viscanti on Thursday June 04, 2020 @06:22PM (#23422684)
You're entitled to your opinions. But the 50 percent rule is pretty established by real estate investors as a way to estimate those fixed costs.

https://www.biggerpockets.com/member-blogs/7172/46252-what-i...

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