Rent for Small Business is too High

Discussion in 'Economy' started by sealybobo, Jan 26, 2009.

  1. sealybobo
    Offline

    sealybobo Diamond Member

    Joined:
    Jun 5, 2008
    Messages:
    50,401
    Thanks Received:
    3,179
    Trophy Points:
    1,845
    Location:
    Michigan
    Ratings:
    +10,116
    I know a lot of small business owners. Many of them say that they work 20 days of every month to pay their rent and the other 10 days goes to everything else.

    I think commercial rent needs to go down. I think this would do a lot for our struggling economy. And with as bad as things are, rent doesn't seem to be going down. How bad do things have to get before landlords will give their tenents a break on rent?

    Many small business' are struggling. It would help our entire economy if their rent went down. Cheaper products, they would hire more people or pay better wages, and the business owner would make more of a profit and spend it out there in America.

    And also, people might go out and start a new business if rent wasn't so expensive. I have looked into it. You have to have a lot of money to start a business.

    When my grandparents came to this country, they could start a restaurant by taking out loans. They would contact the cigarette vending machine company and get $5K from them and the vending machine profits would pay off the loan. They would get a loan from the milk man, who would deliver milk to the store and pay himself back with the profits.

    We need to make it easier for people to start a business. I've looked into it, and it almost seems like you have to be rich to start a business. You need to be prepared to take a loss for 12 months. How many of us can afford to try this?
     
  2. sealybobo
    Offline

    sealybobo Diamond Member

    Joined:
    Jun 5, 2008
    Messages:
    50,401
    Thanks Received:
    3,179
    Trophy Points:
    1,845
    Location:
    Michigan
    Ratings:
    +10,116
    Maybe the Government can give the stimulus $ to people who own the buildings that small business owners rent from. Give them a tax credit.

    If the landlord gives his tenents a $500 a month break, he gets $500 a month back from the government.

    I'd rather give these people the money than the bankers.
     
  3. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,589
    Thanks Received:
    1,580
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,020
    Or maybe the government should just lower taxes.
     
  4. sealybobo
    Offline

    sealybobo Diamond Member

    Joined:
    Jun 5, 2008
    Messages:
    50,401
    Thanks Received:
    3,179
    Trophy Points:
    1,845
    Location:
    Michigan
    Ratings:
    +10,116
    They already did that as much as they could.

    Our treasury needs the $.

    And when business picks up, people should pay taxes.

    But this idea will put money where it needs to be. In OUR hands. Not even my hands, but the people who own business' and who employ people.

    See, I'm not greedy. My idea doesn't involve ME getting tax breaks. All your ideas are strictly selfish. :lol:

    If you just give our companies more tax breaks, you'll just further hurt the system PLUS that money will disappear just like the first $350 billion. It went into the CEO's pocket!!!!

    This money is for small business'. Pizza shops, cvs pharm, walgreens, strip mall type business'.

    We're not just going to give corporate America even more tax breaks and hope that works. That was Bush/McCain's idea. Are you a McCain boy? :lol:
     
  5. Skull Pilot
    Offline

    Skull Pilot Platinum Member

    Joined:
    Nov 17, 2007
    Messages:
    31,668
    Thanks Received:
    4,476
    Trophy Points:
    1,130
    Ratings:
    +10,013
    OK so a property owner is going to be told by the government that he has to lower the rent he charges and what if the lower rent means he can't do things like oh I don't know PAY HIS MORTGAGE maybe...

    It doesn't matter if the property owner can't pay his mortgage does it, how about it means he can't fix the roof or the furnace or the AC?

    And if a business owner who leases is paying two thirds of his gross revenue for rent, he is a fucking idiot and should go out of business.
     
  6. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,589
    Thanks Received:
    1,580
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,020
    Along with the tax cuts the government would need to cut it's own spending.

    No, I'm not a "McCain boy." I supported Ron Paul in the primaries, as you know, and I voted for Bob Barr in the general.
     

Share This Page