ELi5: Why commercial property landlords would rather have an empty property than offer a tenant a discount?

Question

Someone mentioned that for accounting reasons property portfolios may be better sitting empty than offering tenants a discount because their yields look bad?

In: Economics

Answer 1

Did I miss a memo some where? When did ELI5 become ElI50 with a degree from Harvard. Everybody’s response is like 4 paragraphs long lol