Re:Secret gyms and the economics of prohibition
by TheNorthman on Wednesday August 19, 2020 @01:52PM
(#24213542)
If this was true, we'd see landlords with paid-off mortgages waiving the rent. Since we don't see this on any major scale, we can only conclude that mortgages are inconsequential to landlords demanding rent-payments.
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Re:Secret gyms and the economics of prohibition
by caseysoftware on Wednesday August 19, 2020 @02:21PM
(#24213980)
A mortgage is not the only cost of owning a property. Taxes are a third of my mortgage payment every month. Other than the IRS delaying tax day by 3 months, I haven't seen any delay or waivers of taxes due.
In addition, there's basic upkeep and maintenance that you're required to perform to keep a building insured, let alone to make it re-openable at some point.