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The incentive is to sell the developed property for a profit. The state would be responsible for determining what the reasonable occupancy rates are on properti
by Splizard 4y ago
The incentive is to sell the developed property for a profit. The state would be responsible for determining what the reasonable occupancy rates are on properties for sale or under development. A paid occupier (perhaps a real-estate agent) can be placed onsite for the reasonable amount of time in order to avoid any default occupancy fees by the state.
- Ekaros 4y agoWhy would anyone invest anything for something that doesn't produce profit? Developed properties sell because they are expected to generate profit. And in future higher such. If they didn't it would make more sense just to sit on pile of cash instead of deteoriting building.