Quote:
Originally Posted by Taj44
Why should we have to pay higher prices at grocery stores here just because they happen to be golf cart accessible? They have a terrific market here - 80,000 + retired people guarantees a pretty good profit even if they keep their prices what they should be. And I do expect if Morse wasn't charging premium rents, and taking a cut of profits, our prices at the local stores would be lower.
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Taj, are you considering the fact that "location, location, location" always drives rent prices? Again, that's because prices are generally determined by what the market will bear. Just look at TV homeowners who rent their homes. They can and do charge a lot more than rent would go for in the areas just outside of TV. They can and do charge quite a bit more for rent in Jan-March than in June-Aug., because that's what the market will bear.
I'm not saying that the Morse organization has never done anything to make me wince. However, the fact that they charge premium commercial rent for premium commercial space makes all the sense in the world to me.