Share
23,467 Posts.
lightbulb Created with Sketch. 1314
clock Created with Sketch.
06/06/24
20:32
Share
Originally posted by nippy:
↑
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......
Expand
But go on you lot keep telling me how good property is...... 100%'s tax free gain for home buyers, massive capital gains for landlords and now there's a serious shortage of rentals. And these asset gains are many hundreds of thousands of dollars, millions even, and you can't get kicked out.