Can a San Francisco firm that owns its own office building simply ignore rising rents?
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Rising commercial rents in San Francisco in recent years have induced many corporations to move their offices out of the city. Can a San Francisco firm that owns its own office building simply ignore rising rents? Explain your answer in economic terms
Why would they care? Rent is not their concern, but this does increase their property value. SF is not exactly vacent.
HUH?
an owner can do whatever he wishes with rents.
YOUR query sounds like a real estate student’s query and
not someone who really owns a building.
if you DO own a bldg, I can advise. I used to live min SF and
I am a RE broker
References :
RE broker
Why would they care? Rent is not their concern, but this does increase their property value. SF is not exactly vacent.
References :