rent

Blue Owl offsets the higher risk of contracting with Oracle by charging higher rent than companies like Meta pay, a person familiar with the matter said.

The economic law of supply and demand is simple enough, but Los Angeles is defying it again by tightening its rent control law in the name of housing affordability.

As rents have grown, the amount families have left over after paying for housing and utilities has fallen to record lows.

"It's a chain that offers cheap coffee on the one hand but is also willing to pay extremely high rents on the other," he said.

One coveted offering is a suite above the Christian Dior flagship store in Paris that can be rented, and includes an after-hours shopping excursion and a private dinner at Monsieur Dior restaurant.