3 ms·

I've read some articles about that: https://nypost.com/2014/04/26/the-hidden-proof-the-economy-is-still-awful/ https://nypost.com/2014/04/26/the-hidden-proof-t

I've read some articles about that: https://nypost.com/2014/04/26/the-hidden-proof-the-economy-is-still-awful/ https://nypost.com/2014/04/26/the-hidden-proof-the-economy-i... https://www.theguardian.com/business/2017/dec/24/new-york-retail-shops-amazon-rent https://www.theguardian.com/business/2017/dec/24/new-york-re... > In addition, he says, banks will devalue a property if it’s occupied by a small business, and increase it for a chain store. “There’s benefit to waiting for chain stores. If you are a hedge fund manager running a portfolio you leave it empty and take a write-off.”

duxup 8y ago
It certainly seems to be a nation wide problem. It really sucks as it seems like economic activity just waiting to ... happen, but naw.
swiley 8y ago
That's so odd. For me personally I'm making a decision about where to move after I graduate and I'm planning on living a little farther from where I work specifically to get away from all the samey chain restaurants (holy cow they're depressing) to be in a more densely populated area with more small businesses. I have a hard time imagining I'm alone.
- kevin_thibedeau 8y ago
  Old suburban areas of the Northeast are largely immune to the bland sameness of franchised businesses that pervades the US. There is little space to build out and liquor licensing can be problematic for chain restaurants.