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Old 29-08-2020, 18:18   #586
Sephiroth
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Re: Changes on the High Street

Quote:
Originally Posted by jfman View Post
It is though - their purpose is to extract rents from those out there genuinely creating something, who ironically can't afford buildings due to the high valuations because of the number of landlords in the market participating in this and restricting overall supply.

They essentially distort the market making genuine entrepreneurship - that which genuinely creates things for the economy and employs people - harder. It'd be welcome for many of these businesses to exit the market.
It is indeed tempting to regard landlords as sitting back, taking people's money whilst those paying do all the hard work to keep up the payments. But the landlords have had to build and pay for the offices; atheir tenants usually have to borrow to fund development of their business - possibly from the same source as the landlords use. It is simply wrong to call the landlords parasites.

But, to give you some headroom, how would you replace these 'parasites' so that factories, offices homes and shops/warehouses can be provided for the entrepreneurs, the people who work for them and the supplies they'll need?

It's a pity that you come up with this crap - it really dents your credibility.


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