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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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The Impact of Banning Upward Only Rent Reviews: A Deep Dive
In this episode of 'That Retail Property Guy,' host Gary Marshall explores the UK government's surprising proposal to ban upward-only rent reviews in commercial property leases, a move that could have significant ramifications for tenants and landlords alike. Gary examines the potential benefits and pitfalls, the history of ratchet leases, and considers reactions from various industry stakeholders. He also discusses the broader implications for investment, stability and market operations if this proposal becomes law. Listeners are invited to engage with the debate and stay informed as the bill progresses.
00:00 Introduction to That Retail Property Guy
00:36 Government's Proposal to Ban Upward-Only Rent Reviews
01:12 Understanding Upward-Only Rent Reviews
01:38 Reactions and Implications of the Proposal
02:20 Details of the Proposed Bill
04:13 Potential Loopholes and Legal Considerations
05:16 Tenant Perspectives on Upward-Only Rent Reviews
07:08 Landlord Perspectives on Upward-Only Rent Reviews
10:41 Economic, Market and Pension Implications
13:13 Conclusion and Next Steps
LINK TO GOV.uk Guidance Notes
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