Re:A.I. Is About to Solve Loneliness. That's a Problem
by nradov on Saturday August 02, 2025 @07:03PM
(#44772467)
Landlords don't increase rents to "cover losses". That's not a real thing that happens. Rents are set at the market rate, with some variance and time lag for price discovery.
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Re:A.I. Is About to Solve Loneliness. That's a Problem
by esseph on Saturday August 02, 2025 @07:58PM
(#44772832)
Commercial is in crisis
https://www.jimersonfirm.com/blog/2025/02/the-approaching-co...
I spent 3 years renting a commercial property that subsidized the rest of the property locations. As soon as my business left, the building and rest of the tenants were gone within 3 months.
It's now vacant, and has been for 2 years.
Re:A.I. Is About to Solve Loneliness. That's a Problem
by rightbyte on Sunday August 03, 2025 @05:57AM
(#44775443)
In many cases rent is set to prop up the value of the house to match the loan, not to match any market rate.
I.e. rather empty to not break the silent understanding with the bank than too make money.
Remember the stock is the product not the leases.