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The downfalls of commonhold (part two)
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The downfalls of commonhold (part two)
Previously, Mark Wilson of Myleasehold explained how commonhold could reduce flat values. Here, he turns our attention to a quieter, structural concern: default risk. I have previously addressed the fact that commonhold, while well-intentioned, could reduce flat values and increase ownership costs. But that’s only part of the story. This follow-up focuses on a quieter, structural concern: default risk – and how it could undermine the financial r…
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