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Can I read more about that purchase practice? It seems high risk to buy property, reduce its value and then put it back out for sale ...

soylentnewsorg 5y ago
Yeah, this seems like a made up explanation for high food prices. Large grocery stores build their own buildings. Like all of them do. Walmarts all look the same, Safeways all look the same, Jewel al looks the same. Those stores buy land, and if anything is on it, they knock it down and rebuild. There's lots of land in a rural area, and Walmart can buy it and build something. Also, not a lot of rezoning going on in the country - and no euro grocer is going to win a fight against a Walmart. Likely, prices are high because population is super low, and people can buy real cheap at farmer markets where they just sell direct. European grocery stores buying up property in some rural area? That's called a conspiracy theory - blame problems of low population and no easy highway access, because we refuse to vote for taxes that pay for infrastructure on those scheming socialists an ocean away.
- KennyBlanken 5y ago
  It's not "made up". https://www.google.com/search?q=supermarket+chain+buying+property+deed+restrictions https://www.google.com/search?q=supermarket+chain+buying+pro... Next time when your personal incredulity finds something unbelievable, instead of assuming you must be right and the other person is wrong, just try a simple google search. In my area property is constrained and in high demand so deed restrictions that only block one industry don't inhibit sales much. Our population is not "super low"; our county has a third of the population of the largest city in our region of the US. > people can buy real cheap at farmer markets where they just sell direct Just because I said "rural" doesn't mean there's farmland.
  - soylentnewsorg 5y ago
    Your search notes American companies doing that. It also notes it being done in big cities like Chicago. There is zero I see about euro grocers buying up property in rural areas. So unless you can post a source of your claim - euro grocer pissing away millions by devaluing rural properties, the search link you posted so far quite literally proved you wrong.
KennyBlanken 5y ago
https://www.google.com/search?q=supermarket+chain+buying+property+deed+restrictions https://www.google.com/search?q=supermarket+chain+buying+pro... It's a wide-spread tactic in the grocery industry.

soylentnewsorg 5y ago

Yeah, this seems like a made up explanation for high food prices. Large grocery stores build their own buildings. Like all of them do. Walmarts all look the same, Safeways all look the same, Jewel al looks the same. Those stores buy land, and if anything is on it, they knock it down and rebuild. There's lots of land in a rural area, and Walmart can buy it and build something. Also, not a lot of rezoning going on in the country - and no euro grocer is going to win a fight against a Walmart. Likely, prices are high because population is super low, and people can buy real cheap at farmer markets where they just sell direct. European grocery stores buying up property in some rural area? That's called a conspiracy theory - blame problems of low population and no easy highway access, because we refuse to vote for taxes that pay for infrastructure on those scheming socialists an ocean away.

KennyBlanken 5y ago
It's not "made up". https://www.google.com/search?q=supermarket+chain+buying+property+deed+restrictions https://www.google.com/search?q=supermarket+chain+buying+pro... Next time when your personal incredulity finds something unbelievable, instead of assuming you must be right and the other person is wrong, just try a simple google search. In my area property is constrained and in high demand so deed restrictions that only block one industry don't inhibit sales much. Our population is not "super low"; our county has a third of the population of the largest city in our region of the US. > people can buy real cheap at farmer markets where they just sell direct Just because I said "rural" doesn't mean there's farmland.
- soylentnewsorg 5y ago
  Your search notes American companies doing that. It also notes it being done in big cities like Chicago. There is zero I see about euro grocers buying up property in rural areas. So unless you can post a source of your claim - euro grocer pissing away millions by devaluing rural properties, the search link you posted so far quite literally proved you wrong.

KennyBlanken 5y ago

https://www.google.com/search?q=supermarket+chain+buying+property+deed+restrictions https://www.google.com/search?q=supermarket+chain+buying+pro... It's a wide-spread tactic in the grocery industry.