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A comment on US offices are sitting empty – business owners will have to adapt. Parent comment

Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Sunday July 30, 2023 @10:13PM (#36938113)
who cares what the owner wants?

the owner probably wants a billion dollars and a pony, too, but what they can have are the options I listed

the reason they don't have tenants is because their asking rent is too high and demand is low

in capitalism, that means they should lower rent

[ Parent | on HN ]
Re:US offices are sitting empty – business owners will have ... by latchkey on Sunday July 30, 2023 @11:06PM (#36938398)
One can surmise that the owner cares. As you say, capitalism.
[ Parent | on HN ]
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Monday July 31, 2023 @12:20AM (#36938771)
and that's why commercial space is sitting vacant: the owners failed to price them properly

as I said: capitalism

[ Parent | on HN ]
Re:US offices are sitting empty – business owners will have ... by latchkey on Monday July 31, 2023 @12:20AM (#36938770)
One more reason I just came across for you... maybe nobody wants to open a store in Gotham City and no amount of free rent can convince them otherwise...

https://twitter.com/bett_yu/status/1685778275975761920

[ Parent | on HN ]
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Monday July 31, 2023 @12:21AM (#36938779)
Not a very convincing hypothesis.
[ Parent | on HN ]
Re:US offices are sitting empty – business owners will have ... by latchkey on Monday July 31, 2023 @12:23AM (#36938782)
Have you ever owned a retail business in Gotham City? I have and I would never do it again.
[ Parent | on HN ]
Re:US offices are sitting empty – business owners will have ... by ImPostingOnHN on Monday July 31, 2023 @09:57AM (#36942545)
still not a convincing hypothesis

instead of trying to make the conversation about me or you, and instead of citing maybe-true singular anecdotes which don't prove your case (that space is limited, and lowering rent won't increase rentors), try just presenting the aggregate data showing that commercial landlords en masse have lowered rent to a dollar and still have these vacancies

WAIT!!!

Wait.

I fear what you heard was, "argue about your anecdote some more", but what I said was, show us the data

[ Parent | on HN ]