There's a key difference between "leases" and "sales" that you are missing. When you lease an asset, you still retain long-term ownership and control, and you can set the terms of the lease such that you make greater profit off of the asset than through a sale and retain future value. A lease is not an outright sale. So, you, the poster of this video, are the one who is confused.
In other words, while a "sale" of assets is a short-term fix that won't generate sufficient funds for the city, a lease of assets would be a long-term solution to, in part, cut down the pension deficit.
There's a key difference between "leases" and "sales" that you are missing. When you lease an asset, you still retain long-term ownership and control, and you can set the terms of the lease such that you make greater profit off of the asset than through a sale and retain future value. A lease is not an outright sale. So, you, the poster of this video, are the one who is confused.
StillersPensBuccos 2 years ago
In other words, while a "sale" of assets is a short-term fix that won't generate sufficient funds for the city, a lease of assets would be a long-term solution to, in part, cut down the pension deficit.
StillersPensBuccos 2 years ago