http://23run.com/2008/03/19/real-estate-investment-for-the-young-entrepreneur-part-ii/ insight for twenty-something entrepreneurs Sun, 13 Feb 2011 10:30:08 +0000 hourly 1 http://wordpress.com/ http://23run.com/2008/03/19/real-estate-investment-for-the-young-entrepreneur-part-ii/#comment-25 Fri, 27 Jun 2008 19:04:59 +0000 http://neub.wordpress.com/?p=23#comment-25 If you do a part 3, I would like to read justification of the big-box effect on residential RE. Gentrified areas of urban areas, in particular, thrive off the “character” of boutiques and small “mom and pops”. I’m a moderately biased Anti-Walmart type of person, and argue that even in the suburbs, an influx of commercial investment into locally owned retailers would have the same or greater effect of a Big Box.
Besides, in areas that aren’t thriving in the first place, big-boxes drive more small stores out of business, contributing to overall neighborhood decline. On the other side of the country or world, Big Box supplier pressure creates its own set of environmental and social costs, which ultimately effects the global economy, and local RE market.

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