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Pool_Shark t1_j5jupnd wrote

Reply to comment by Law-of-Poe in NYC, Goldman Sachs Launch Effort to Give Struggling Small Businesses a Lift by NotYourCity

Yeah it needs to be the opposite. A vacancy tax would help incentivize keeping small business rather than keeping stores empty in hopes a bank or a chain will pay ridiculous rent prices.

Just set up some provisions so it can be waived during a recession or if a certain area is struggling, etc.

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Law-of-Poe t1_j5jxrcn wrote

Or that. I can sympathize with property owners that are falling on legitimately hard times and can’t rent out.

But it is so blatantly obvious that many are gaming the system by writing off imaginary losses on the hopes of hooking a big money tenant. This kind of manipulation should not be tolerated

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