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submitted 1 year ago by lumberjacked@beehaw.org to c/news@beehaw.org

We’re also seeing a rapid increase in commercial vacancies with WFH. But there are big challenges and costs to turning commercial properties into residential.

I’ve heard a lot about the problems. Surely there’s some good ideas for a solution out there?

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[-] dust4ngel@beehaw.org 1 points 1 year ago

capping rents to the mortgage means you can only rent out a property at a loss, because you can’t recoup repairs, maintenance, utilities, vacancy, or administrative fees through rent. this effectively makes being a landlord illegal, which you’d might as well do outright if that’s the objective.

this post was submitted on 20 Jun 2023
52 points (100.0% liked)

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