Re:Why do commercial spaces sit vacant?
by dec0dedab0de on Thursday December 18, 2025 @10:00AM
(#46313377)
Lowering the rent to fill their building reduces the value of that building, which means when they sell it, they will recognize a loss that is likely larger than many years of operating loss from the empty building.
The specific buildings I was thinking about have paid more in taxes alone than their asking price.
The specific buildings I was thinking about have paid more in taxes alone than their asking price.