3 ms·
In my opinion, alot of this is due to greed/ the need to constantly short sightedly 'improve profits' - Rent, retail prices, etc. are only allowed by managers/o
by cat199 10y ago
In my opinion, alot of this is due to greed/ the need to constantly short sightedly 'improve profits' - Rent, retail prices, etc. are only allowed by managers/owners to go up, eventually creating a situation where everything at the mall and similar properties are so expensive that no one shops there..
Like restauraunts that are empty but insist on charging $20 a plate because that's their 'business model'.. Fill the place up, then raise the price.. if it starts thinning out, lower it.. which is how the 'free market' is supposed to work.. but abstract ownership and financialization shift the actual 'commerce' into participation in equity markets rather than on-the-ground operations...