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by colechristensen 3464 days ago
But food prices _wouldn't_ go up in the owner-operated restaurants which would then have a significant competitive edge. Likewise real estate prices should go down, higher taxes would mean less demand and owner-operators would be more motivated to buy than investors. Likewise investor dollars would be guided by taxes to more productive targets.

Investing in restaurants that own land as opposed to investing in land that restaurants use seems like it would have significantly different effects to the economy.