Shopping centres might do that or offer other incentives maybe like paying for advertising costs or something. If the shops are owned independently like the article’s example then it’s a bit harder because they need to cooperate.
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Rent is definitely a factor along with interest rates but the article talks about it “The key reason why is to do with how retail properties are valued, which comes down to what the asking rent on the property.”.
The issue is that if you were getting 1000/wk and then the tenant left you now have a temporarily vacant property if you lower the rent and get someone back in at 600/wk now your property valuation is 40% less which matters a lot for loans.
It’s also worth noting that commercial leases are often much longer so they might be waiting for a rebound in the market before renting it out.
Unfortunately this can lead to death spirals in a lot of areas.
w2qwto Australian Politics•Victorian electric car owners win High Court challenge against controversial tax1·2 years agoThe fuel tax is at a federal level which is why it’s allowed. We just need the federal government to eventually institute something or get states to collect it.
Don’t use it if you don’t like it.
w2qwto World News@lemmy.ml•Palestinians in Gaza can go to ‘tent cities’: Former Israeli minister111·2 years agoWill make the refugee camps look like paradise.
w2qwto Australian Politics•Scratch the surface of the Voice results, and a more complicated picture emerges1·2 years agoYeah that’s definitely true too. Though those surveys were done way back when the national support was much higher.
w2qwto Australian Politics•Scratch the surface of the Voice results, and a more complicated picture emerges5·2 years agoDidn’t most of the remote Indigenous vote yes? It seems like it was more likely the adjacent non Indigenous communities that voted the other way.
Was actually going to give her a bit of credit if she was talking about social economic status but she’s actually talking about regional vs cities.
w2qwto Technology@lemmy.world•Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on XEnglish5·2 years agoHadn’t read the actual letter. It would be interesting to know what the specific request they have is.
w2qwto Technology@lemmy.world•Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on XEnglish905·2 years ago“Thierry Breton, the European commissioner for the internal market, said in a letter addressed to Musk on Tuesday that his office has “indications” that groups are spreading misinformation and “violent and terrorist” content on X, and urged the billionaire to respond within a 24-hour period.”
Sounds like it’s just a strongly worded letter.
w2qwto Linux@lemmy.ml•GNOME Merge Requests Opened That Would Drop X.Org Session Support221·2 years agoI feel like if Gnome Shell is crashing enough for this to be a problem then it crashing is the actual problem.
w2qwto Technology@lemmy.world•“Real Water” that poisoned dozens contained chemical in rocket fuel — An expert witness testified hydrazine was likely formed during an electrolysis processEnglish201·2 years agoThese guys could have just bottled tap water with some standard treatment and would have been fine.
w2qwto Technology@lemmy.world•Toyota Will Adopt Tesla-Style Cast Bodies That Might Be Impossible to FixEnglish191·2 years agoI think point is without the cast body section you could just replace broken parts which may be significantly less. In practice though I don’t think it matters that much. Small accidents hopefully don’t damage the frame and if they do it’s often a bit dubious repairing it.
Do people not keep the same number when they change phone companies?
w2qwto Technology@lemmy.world•Driverless Cruise car runs over woman hit by another driverEnglish42·2 years agoPretty sure they were gunning for insurance fraud.
w2qwto Technology@lemmy.world•Major airline faces backlash after using ‘ghost flights’ to exploit a legal loophole: ‘They weren’t even selling tickets’English7·2 years agoThere are slot limits that regulate that. This is just a policy to benefit domestic airlines while encouraging flights to airports other than Sydney and Melbourne.
I don’t see how not voting will help the situation
That’s the point