this post was submitted on 26 Mar 2025
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Based I think the same thing should be done to retail stores. If you can't get people to rent it. Force a sale of the building
Retail stores are dying because of cars. Every time the data shows: parking spaces decrease business, bike lanes and train stations increase it.
Stores are failing because the land they're on isn't useful. Cars have poisoned it.
This is something I find baffling.
In my city, it's generally a hotspot with dramatically increasing real estate costs and high occupancy, generally.
Except this one road, which has all sorts of vacant retail, with different owners, with thriving retail and/or residential pretty much everywhere around it. Even the gas stations are 50c a gallon cheaper there then going a mile north or south of it. I have no idea why that one road is different and looking like a dying city while being surrounded by exactly the opposite.