3 ms·
I'm with you - there'll be a long term re-allocation. It might take decades, though. It's a larger scale version of the problem of empty storefronts. Store owne
by pradn 3y ago
I'm with you - there'll be a long term re-allocation. It might take decades, though. It's a larger scale version of the problem of empty storefronts. Store owners would keep buildings empty than reify the financial cost of reducing rents. There's large numbers of empty stores on Broadway in NYC, of all places - perhaps the most famous street in the country!