Old_Geezer@lemmy.ml to Toronto@lemmy.ca · 2 years agoWhy are so many big-city condos sitting empty?www.youtube.comexternal-linkmessage-square8linkfedilinkarrow-up117arrow-down14cross-posted to: [email protected]
arrow-up113arrow-down1external-linkWhy are so many big-city condos sitting empty?www.youtube.comOld_Geezer@lemmy.ml to Toronto@lemmy.ca · 2 years agomessage-square8linkfedilinkcross-posted to: [email protected]
minus-squareOld_Geezer@lemmy.mlOPlinkfedilinkarrow-up3arrow-down3·2 years agoHadn’t thought of that. How would they get their money out if the asset can’t be sold?
minus-squareinvisiblegorilla@sh.itjust.workslinkfedilinkarrow-up3·2 years agoI don’t think it would matter. Put a loan against it. If the debt defaults, someone else inherits it…
Hadn’t thought of that. How would they get their money out if the asset can’t be sold?
I don’t think it would matter. Put a loan against it. If the debt defaults, someone else inherits it…