FBO (Mercury Air) doubling hanger rent to run off GA at BHM.......is this legal?

"Dave S" wrote in message
...
| This may be a VERY unpopular opinion, but if you take the business and
| economy point of view.. if you have a waiting list, you arent charging
| enough. Plain and simple. Supply versus demand.
|

Not that unpopular. I look at these airfields with 10 year waiting lists for
hangars, and I can't help but think that the rent is way too low. But what
do I know? I only have twenty years of experience developing, building,
syndicating, owning and managing commercial and multi-family residential
real estate. Frankly, the way most airports are managed, they deserve to
fall prey to developers. The way some aviation people talk, you would think
that they were socialists who believe that airports are an entitlement
required to subsidize the poor.

If airports were managed properly, they would charge market rent for hangars
and other space. They would be profitable, and more hangars and office space
would be built, lowering prices over all until an equilibrium was reached.