It’s not necessarily about being a money hungry capitalist though – it’s not even necessarily about rich friends. Many of these buildings are owned/leased by the company. Problem is, that land value is on a company’s books as an asset. People don’t RTO, the value of that asset drops, company has to post a loss, stock value plummets as shitty traders take advantage of the numbers to turn a profit. In a good number of cases, it’s survival.
It’s not necessarily about being a money hungry capitalist though – it’s not even necessarily about rich friends. Many of these buildings are owned/leased by the company. Problem is, that land value is on a company’s books as an asset. People don’t RTO, the value of that asset drops, company has to post a loss, stock value plummets as shitty traders take advantage of the numbers to turn a profit. In a good number of cases, it’s survival.