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by latchkey 1051 days ago
You left out one other case... the owner wants a specific tenant or in the example that started this whole thread, a Chipotle.
1 comments

who cares what the owner wants?

the owner probably wants a billion dollars and a pony, too, but what they can have are the options I listed

the reason they don't have tenants is because their asking rent is too high and demand is low

in capitalism, that means they should lower rent

One more reason I just came across for you... maybe nobody wants to open a store in Gotham City and no amount of free rent can convince them otherwise...

https://twitter.com/bett_yu/status/1685778275975761920

Not a very convincing hypothesis.
Have you ever owned a retail business in Gotham City? I have and I would never do it again.
still not a convincing hypothesis

instead of trying to make the conversation about me or you, and instead of citing maybe-true singular anecdotes which don't prove your case (that space is limited, and lowering rent won't increase rentors), try just presenting the aggregate data showing that commercial landlords en masse have lowered rent to a dollar and still have these vacancies

WAIT!!!

Wait.

I fear what you heard was, "argue about your anecdote some more", but what I said was, show us the data

One can surmise that the owner cares. As you say, capitalism.
and that's why commercial space is sitting vacant: the owners failed to price them properly

as I said: capitalism