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by GypsyKing716
963 days ago
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Ironically enough, one just has to watch a history of Louis Rossmann's (think Right to Repair, youtube.com personality - https://www.youtube.com/channel/UCl2mFZoRqjw_ELax4Yisf6w) videos about his rent / lease in the commercial space of NYC, to understand how the equations work. I think the city and state governments are the bigger issue. The collusion meets with government bureaucracy as well. This doesn't seem to be a unique situation, but in NYC and the exodus of big tenants in the city matched with post-COVID beliefs that costs will remain high turns out for a toxic environment there for business at least. Naturally the "Rent is TO damn high" guy from a few election cycles ago (look on Google for that) is also the case. I don't know how the used car market and rental market will return to what it was before for a forseeable future. |
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