this post was submitted on 06 May 2024
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The companies who have 20x the mark up necessary to survive will quickly see new businesses occupy the space to undercut them.
Hmmm I wouldn't be so sure... It depends on their position in the market and how well they lobby the government
Not really, not every business is in bed with the politicians. This was a worse case scenario where rentals became the main method of purchasing, so everyone would be on level ground. Those making 20 times profit margins are not everyday businesses, they ae luxury brands who would still thrive on their branding alone.
Which business isn't? I honestly want to know to restore a semblance of hope in humanity
AFAIK, a business that is not in bed with corrupt politicians is because they have ready been beaten or they can't afford it