With stores closed, retailers can’t pay rent. On top of that, retail employs a massive amount of people, many of them renters themselves. If these workers are not getting paid, I imagine they can’t pay their rent either. However, Real Estate fixed expenses are not going away (mortgages, taxes, maintenance, depreciation, etc..)
Curious to see what are the thoughts of the Real Estate FIRE on the current situation specially the ones who used leverage to buy properties and generate cash flow.
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