Re:Can a worker-owned restaurant work
by CJefferson on Monday August 28, 2023 @03:41PM
(#37299417)
If a landlord becomes aware a company pays it's managers above industry norms, do they raise rent? How does any company make a profit in such a world?
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Commercial leases tend to be much longer to prevent the landlords from raising the rent. Which of course, also makes commercial landlords picky about who they rent to.
Land value tax would solve this. (We have property taxes, but they're not as good, and in California they're capped.)
Re:Can a worker-owned restaurant work
by datavirtue on Monday August 28, 2023 @08:59PM
(#37302280)
I worked at Perkins in another lifetime. They had 99 year leases on land where they built stores.