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Old 10-26-2008, 06:20 PM
 
Location: Los Angeles Area
3,306 posts, read 4,154,654 times
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Quote:
Originally Posted by floridasandy View Post
what i am seeing is how many stores have gone out of business or are going out of business. i went up to new jersey and saw empty stores in at least half of the retail centers (that i saw occupied 5 years ago). i am shocked at what this may represent for the future, especially with our economy being artificially pumped up now with this paper currency flood! companies will be consolidating to stay alive and that means job loss everywhere.
I don't know what they did in Jersey, but in many states they completely over built commercial real estate. So empty stores are going to be pretty common until the demand for retail space starts to match the supply. This could take some time though.
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