Landlords are Leaches, page-1138

  1. 11,104 Posts.
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    You do understand that the USA bankruptcy laws are all about terminating leases immediately or when it suits?

    With the many restaurant and retail chains closing all at once and adding more each day they wont be able to get another tenant. Thye may try to get one by dramatically lowering rentals..... That may mean an immediate write down of property value of course....

    There is your reversion to the mean I mentioned earlier.

    This is how it happens. Step by step.

    You dullards here should take up chess so you can start looking ahead to see how things work.

    So we already have commercial office properties losing 80% of value ad now we can add retail property to add to the property pain.

    But go on you lot keep telling me how good property is......



    Last edited by nippy: 06/06/24
 
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