Is It Better To Buy or Lease Commercial Property Right Now?

By Peter Scott  |  Property Leasing  |  Thursday 3rd April 2008

Well, buying and selling property is not really my bag, but what I can tell you is some of the definite pluses for leasing in a depressed property market and economy. It’s simple really. With a lease, if things get tight, you can get out quick. If you own the commercial property you operate from, your asset is not liquid, and most likely it will take you a lot longer to sell than it will take to negotiate out of a lease.

A lot of businesses are re-evaluating their costs as the economy shudders, and as always, ability to have cash in hand is critical. Leasing commercial property gives you more flexibility with your assets, and boy is that something that’s highly attractive in a nervous market.

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