Thread: Changes on the High Street
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Old 20-05-2020, 10:32   #389
1andrew1
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Re: Changes on the High Street
Quote:
Originally Posted by Sephiroth View Post
It's one big mess, isn't it?

Nearly all of this funnels up to landlords who are now under the biggest cosh of modern times. At the end of this, their real estate will only be worth a fraction of what they were worth last year.

This funnels further up to those who lent money to the to develop the shopping centres and office buildings. Those lenders are in serious danger of not getting their money back.

Then it funnels across to construction companies who will nbeed to find HS2 type projects pretty quickly if any of them are to survive.

Finally, the Guvmin/Local Guvmins will suffer a serious dip in revenues from corporate taxes, business rates and VAT.

Don't you think that the above is just the tip of the iceberg?
The wise investors rebalanced into other real estate four plus years ago into warehousing and offices.
The asset class which people are thinking about now is offices. Wil less or more be needed in the short and medium terms?
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