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Would have never guessed that since the original comment didn't mention disposable income but only a statement about median income hiding gut wrenching poverty.
by tssva 3y ago
Would have never guessed that since the original comment didn't mention disposable income but only a statement about median income hiding gut wrenching poverty. Loudoun County has the 3rd highest average household disposable income and a low poverty rate, so again should be a great location for a mall but isn't. While some malls are succeeding, Tysons Corner Mall and Tysons Galleria in Northern Virginia for example, many more are struggling and many have already died. Some of this is due to the shrinking of their traditional tenants, national retail chains, but is also due to those same potential tenants choosing to relocate existing stores and open new stores in non-mall locations.
- JumpCrisscross 3y ago> the original comment didn't mention disposable income It was pointing out that the chosen isn’t the signal it’s being positioned as. > Loudoun County has the 3rd highest average household disposable income and a low poverty rate, so again should be a great location for a mall Source? (Purely for curiosity.) Averages don’t matter. Aggregates do. If I am a county of one, even with tremendous disposable income, a good location for a mall I do not make. Malls are absolutely in structural decline. But pointing to median and average metrics is misleading, though not in an uncommon way.