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Old 07-18-2015, 05:53 AM
 
715 posts, read 888,260 times
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Quote:
Originally Posted by saturnfan View Post
I use that Toyota dealer but that's not the issue.

The issue is that all these high cost items are now available in what used to be a Kmart and Chevy city. Saks Fifth Avenue in Triangle is another bad sign for the middle class.
Supply and demand... If anything it's a positive for the area as Rainman said "K-Mart Suxs".
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Old 07-18-2015, 08:27 AM
 
Location: Durham NC
5,131 posts, read 3,747,404 times
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If I moved into a neighborhood and it went downhill I think I would be disappointed. He who has the gold makes the rules.
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Old 07-18-2015, 08:59 AM
 
Location: My House
34,938 posts, read 36,231,960 times
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Quote:
Originally Posted by saturnfan View Post
I use that Toyota dealer but that's not the issue.

The issue is that all these high cost items are now available in what used to be a Kmart and Chevy city. Saks Fifth Avenue in Triangle is another bad sign for the middle class.
So, you're angry that there's more variety? How bizarre.
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Old 07-18-2015, 09:13 PM
 
Location: Research Triangle, NC
1,279 posts, read 1,721,431 times
Reputation: 833
Quote:
Originally Posted by saturnfan View Post
I use that Toyota dealer but that's not the issue.

The issue is that all these high cost items are now available in what used to be a Kmart and Chevy city. Saks Fifth Avenue in Triangle is another bad sign for the middle class.
So what, Maserati and Saks are going to force middle-class residents to enter their stores, spend all their money, and become poor? That's not how life works. What's MORE likely is that the presence of higher-dollar anchors in a mall like Saks and Nordstrom will keep the mall from being full of check-cashing places and dollar stores. I've seen that sort of thing happen in every state I've lived in and it's depressing to say the least.

Also, re: Maserati - they're moving further downmarket from where they used to be, with models positioned below the Quattroporte and GranTurismo. That may explain their expansion into NE. (We can discuss Sergio Marchionne's questionable business decisions in the Automotive forum, though...)
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Old 07-19-2015, 02:53 AM
 
9,680 posts, read 27,153,963 times
Reputation: 4167
Quote:
Originally Posted by papilgee4evaeva View Post
So what, Maserati and Saks are going to force middle-class residents to enter their stores, spend all their money, and become poor? That's not how life works. What's MORE likely is that the presence of higher-dollar anchors in a mall like Saks and Nordstrom will keep the mall from being full of check-cashing places and dollar stores. I've seen that sort of thing happen in every state I've lived in and it's depressing to say the least.

Also, re: Maserati - they're moving further downmarket from where they used to be, with models positioned below the Quattroporte and GranTurismo. That may explain their expansion into NE. (We can discuss Sergio Marchionne's questionable business decisions in the Automotive forum, though...)
I understand what you are saying but have a personal experience with gentrification in lower Manhattan.

Local businesses were replaced by franchises and you can find numerous boutiques but no hardware stores.

Middle class people started to feel out of place.

Yes, Maseratis are cheaper now, but it's the new choices in previously middle class areas signaling a dangerous change.
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Old 07-19-2015, 05:21 AM
 
Location: My House
34,938 posts, read 36,231,960 times
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Quote:
Originally Posted by saturnfan View Post
I understand what you are saying but have a personal experience with gentrification in lower Manhattan.

Local businesses were replaced by franchises and you can find numerous boutiques but no hardware stores.

Middle class people started to feel out of place.

Yes, Maseratis are cheaper now, but it's the new choices in previously middle class areas signaling a dangerous change.
He has a point. If the area is not thriving, it becomes a slum.

I have no interest in slums. Most people who own property want their cities and towns to thrive.

It's not a "signal" if there are a few higher-end retailers around of anything but that the local economy can support them.
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Old 07-19-2015, 06:47 AM
 
Location: under the beautiful Carolina blue
22,665 posts, read 36,764,249 times
Reputation: 19880
Quote:
Originally Posted by saturnfan View Post
I understand what you are saying but have a personal experience with gentrification in lower Manhattan.

Local businesses were replaced by franchises and you can find numerous boutiques but no hardware stores.

Middle class people started to feel out of place.

Yes, Maseratis are cheaper now, but it's the new choices in previously middle class areas signaling a dangerous change.
Right, Alphabet City was doing great 30 years ago
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Old 07-19-2015, 11:27 AM
 
Location: Raleigh NC
25,118 posts, read 16,198,148 times
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I really can't understand the inability to realize that if the KMart, the Chevy dealership, the Applebee's, and the small hardware store (since mini-city has both big box places) are PROFITABLE (meaning enough people shop there) and think they can't be MORE PROFITABLE somewhere else, then they would NEVER LEAVE.
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Old 07-19-2015, 02:30 PM
 
Location: Research Triangle, NC
1,279 posts, read 1,721,431 times
Reputation: 833
Quote:
Originally Posted by saturnfan View Post
I understand what you are saying but have a personal experience with gentrification in lower Manhattan.

Local businesses were replaced by franchises and you can find numerous boutiques but no hardware stores.

Middle class people started to feel out of place.

Yes, Maseratis are cheaper now, but it's the new choices in previously middle class areas signaling a dangerous change.
The borough of Manhattan as a whole has always been a special case. BTW, Google Maps shows dozens of hardware stores in Lower Manhattan, so.......

Quote:
Originally Posted by RedZin View Post
He has a point. If the area is not thriving, it becomes a slum.

I have no interest in slums. Most people who own property want their cities and towns to thrive.

It's not a "signal" if there are a few higher-end retailers around of anything but that the local economy can support them.
Thank you. And the market will decide which stores will swim and which will sink.

Quote:
Originally Posted by BoBromhal View Post
I really can't understand the inability to realize that if the KMart, the Chevy dealership, the Applebee's, and the small hardware store (since mini-city has both big box places) are PROFITABLE (meaning enough people shop there) and think they can't be MORE PROFITABLE somewhere else, then they would NEVER LEAVE.
Speaking of, didn't Target used to be in Mini City a few years ago? I seem to remember it being there when I drove through in 2012 or so.

And I'll bet that Maserati dealer only took over the Chevy lot because Chevy decided they wanted a bigger lot to fit all their Corvettes and $55K Tahoes and Suburbans and Silverado (High Country) models.
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Old 07-19-2015, 05:45 PM
 
Location: Sodo Sopa at The Villas above Kenny' s House.
2,492 posts, read 3,028,419 times
Reputation: 3911
Quote:
Originally Posted by papilgee4evaeva View Post
The borough of Manhattan as a whole has always been a special case. BTW, Google Maps shows dozens of hardware stores in Lower Manhattan, so.......



Thank you. And the market will decide which stores will swim and which will sink.



Speaking of, didn't Target used to be in Mini City a few years ago? I seem to remember it being there when I drove through in 2012 or so.

And I'll bet that Maserati dealer only took over the Chevy lot because Chevy decided they wanted a bigger lot to fit all their Corvettes and $55K Tahoes and Suburbans and Silverado (High Country) models.
Yep that Target location closed due to high levels of theft. Ditto for the Lowe's foods there as well. They were built before the demographic change. That used to be North Raleigh. Lowe's hardware and Sam's are the only brand name big box stores left.
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