(A potential lesson from Wytham Abbey: You donât need to buy a fancy church building, you just need to befriend the people who currently own it!)
On that noteâseems like an enormous waste that Wytham Abbey sits empty when it could be used (presumably at very little marginal cost?) while EVF works on selling it.
While I cannot hope to comment on the specifics of EVFâs situation, I assume there are aspects of the selling process complicating that.
Being a good landlord of a fancy building does require quite a lot of outreach to potential tenants, not all of whom will be your favourite tenants, and it is quite easy to fall into the trap of thinking that people who arenât your favourite people shouldnât come into your fancy building because they might mess up your fancy floor. This is of course a horrible trap because fancy buildings fall into disrepair from lack of use all the time and from too much use almost never.
I spend a nontrivial amount of time on the upkeep-related decision making circles for fancy buildings and not once have I ever heard the sentence âwe have too many bookings and itâs hurting our financesâ.
(Despite hearing lots of worries about the ways this could, hypothetically, somehow be the case.)
On that noteâseems like an enormous waste that Wytham Abbey sits empty when it could be used (presumably at very little marginal cost?) while EVF works on selling it.
While I cannot hope to comment on the specifics of EVFâs situation, I assume there are aspects of the selling process complicating that.
Being a good landlord of a fancy building does require quite a lot of outreach to potential tenants, not all of whom will be your favourite tenants, and it is quite easy to fall into the trap of thinking that people who arenât your favourite people shouldnât come into your fancy building because they might mess up your fancy floor. This is of course a horrible trap because fancy buildings fall into disrepair from lack of use all the time and from too much use almost never.
I spend a nontrivial amount of time on the upkeep-related decision making circles for fancy buildings and not once have I ever heard the sentence âwe have too many bookings and itâs hurting our financesâ.
(Despite hearing lots of worries about the ways this could, hypothetically, somehow be the case.)