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by klipklop 685 days ago
This is exactly why. Also why most commercial real estate sits empty forever. To lower the rent would effect the loan and estimated (bullshit) value of the building.
1 comments

Why even care or measure value in that manner? Seems like an obvious bad idea.
The value of an asset is the return you can get on it. It’s just that in this case the return is a matter of opinion.