03-04-2020, 11:39 PM
(03-04-2020, 07:59 PM)plam Wrote:(03-04-2020, 10:44 AM)Spokes Wrote: Is this because landlords know chains can pay more over a longer term?
I've heard that chains do tend to pay more and are more stable, which has a crowding-out effect that is quite unfortunate. So landlords would rationally hold out for higher rents than they can get from the chains. Then not only is your place full of chains but it's also not-full of local businesses.
The chains tend to be stable financially, yes, but I would expect them to drive a hard bargain and push the rents down. But this is admittedly just me speculating.