If I miss 2 payments on my power bill the power company sends someone out to turn of the utility, however I see lots of commercial buildings (old Toys r Us, empty stores ect) with all the lights still on. Is someone still paying?
In: Economics
Most of the time, especially in strip-mall type situations, the store doesn’t own their premises, they rent it from whoever owns the building. Therefore, the space doesn’t suddenly become ownerless when Toys R Us leaves.
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