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by djrogers 1792 days ago
That’s a bit of a straw man, as that degree of market imbalance would completely end renting.
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Isn't that what this thread is about though? The complete end of renting in this downtown strip. The buildings are sitting empty and not renting.
Why are they appreciating so much if there's no rent to collect? Are storefronts NFTs?
There are hordes of SBA dollars floating around, looking for a home.

Havent you seen the fed's balance sheet?

Because land is finite. Land within an established city even more so. Not only is there rent to collect should they want to, but it’s almost a guarantee that there will be rent to collect indefinitely into the future.
Lots of money out there looking for home, so to speak.