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0 pointsCJefferson2y ago0 comments

If a landlord becomes aware a company pays it's managers above industry norms, do they raise rent? How does any company make a profit in such a world?

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astrange2y ago

Commercial leases tend to be much longer to prevent the landlords from raising the rent. Which of course, also makes commercial landlords picky about who they rent to.

Land value tax would solve this. (We have property taxes, but they're not as good, and in California they're capped.)

datavirtue2y ago

I worked at Perkins in another lifetime. They had 99 year leases on land where they built stores.

ralfd2y ago

An company can more easily switch offices. But for a restaurant the location is very important.

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