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Comment by benhurmarcel

5 years ago

Real estate prices depend on the market rate, not the buyer's wealth.

1 comment

benhurmarcel

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TeMPOraL  5 years ago

Market rate depends on what the buyers will bear, on aggregate. Given that rents are sticky - it costs a lot to move yourself, and even more to move a business - the landlord could eat into a lot of their margins, if the landlord was so inclined.

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