“Retail space is no measure of anything as floor space is real cheap right now and cheaper than in any other country due to land being available.”
Space is cheap because people overbuilt during the boom years (as always), and now nobody is renting. You can’t get a commercial tenant without offering them at least 3-6 months worth of concessions.
That, too. There was far more building without any realistic expectation of need.
Something about a fool and his money.