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by barnesto
1793 days ago
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guess we're not going to talk about the effect of e-commerce? it's nothing but hot takes about property owners around here. it costs less money to have an online store than a brick and mortar. the pandemic has brought about a permanent work from home mentality, leaving office space vacant. people make more from the gov't than working in retail or hospitality - businesses are going out of business at the highest rates we've ever seen as a country. but it's the landlords. |
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eg. I know many people in this age bracket who would love to take a chance on one of these empty shops and create their own inspired shop of some kind, but the costs are absurdly prohibitive, namely rent and taxes, so instead, the downtown area of so many towns remain empty and desolate. startup capital costs even in semi middle of nowhere are too high to even create a 10 seat specialty cafe or anything like that