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scifi | 2 months ago

True. What I don’t get, is how is vacancy a good move for the landlord? Wouldn’t it make more sense to have a tenant during that time?

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bobthepanda|2 months ago

Commercial loans are not like residential mortgages and often the loan is based on a minimum rent. If you go below that then you are in default.

triceratops|2 months ago

How do they make mortgage payments without rent?

duskwuff|2 months ago

I don't like just saying "read the article", but this is precisely what the article explains. In short: the rental rates are a condition of the property owner's loan.