“It’s impossible for me to feel sorry for any commercial real-estate owners who just let the property sit vacant for months or years. If it’s not renting for what you want, lower your darn prices”
I’m in agreement with that.
Just as with hamburger flippers and baggers, economic reality needs to be accepted by commercial landlords and banks. Banks need to permit commercial landlords to offer rental rate reductions - the Internet has altered markets for real estate.
My house would be taxed by the school district on a year-round basis even if I left it vacant for 80 days to go on an around-the-world trip.
Government needs to be run on a rational basis and a rational amount of taxation needs to be levied and collected.
you’re wrong too. Banks don’t stop owners from offering incentives or rate reductions or anything else. It is ALL market driven. Space is getting filled if it’s in market and there is a demand. The bulk (if not all) vacant space is in crime infested, blue areas that are run by people destroying the municipality.
For anyone that thinks a landlord/owner WANTS to sit vacant, you’re utterly clueless.