"Why would you choose to generate zero cash flow rather than generate some cash flow?
...
It all boils down to the fact that commercial property is valued by the rent it earns. A shop that is leased at $100,000 per year might be worth $1.5 million. But if that tenant leaves and the owner has to lower the rent to $70,000 per year, the building is now worth $1.05m."
#NZPol #NZBusiness #NZProperty #CommercialProperty #Capitalism

