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Most of our tired strip malls across the US should be demolished for housing.
by purplezooey 8y ago
Most of our tired strip malls across the US should be demolished for housing.
- ghaff 8y ago"Someone" will doubtless do so if it makes economic sense to do so. In practice, even leaving aside zoning, there isn't a lot of residential demand for apartment buildings in the middle of a strip mall. They actually exist. I'm familiar with a few. But they're not some panacea for housing demand in the highest priced areas.
- bearjaws 8y agoYeah but then that would drive house prices down, can't have anyone ruining my "investment"!!!! /s
- bsder 8y agoMost of them aren't worth it. If a mall is failing, it probably exists in an area that is failing as well. Malls with primarily upper middle class consumers and up are doing quite well.