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phendrenad2
1176 days ago
Those companies don't own the buildings, they bought them on credit, just like everyone else.
1 comments
wolpoli
1176 days ago
These companies do actually own the buildings based on the normal definition of own. The fact there are loans on the buildings does not change that.
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phendrenad2
1175 days ago
You're right, but the normal definition of building ownership is a bit weird. Can the company do anything it wants to the building without consulting the bank?
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wolpoli
1173 days ago
Well, there are some restrictions on what the bank might not allow the owner to do and that might be where the confusion lies.
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