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To: 1010RD
We used to have a nice, small mall. Over the last two years chain stores have popped up all around. So far 3 large stores have gone out of business. Many spaces are available to rent. The strange thing is though, that another retail development is going up .
10 posted on 02/05/2009 3:22:07 PM PST by CindyDawg
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To: CindyDawg

Just what we need: more malinvestment. Commercial RE is tanking. It will have a serious affect on property tax receipts and local government budgets.

The natural cycle of economies should stop government from growing so large by limiting taxes or leading to tax revolts. I hope this happens.


16 posted on 02/05/2009 3:58:16 PM PST by 1010RD (First Do No Harm)
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To: CindyDawg

http://deadmalls.com/


19 posted on 02/05/2009 5:01:53 PM PST by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)
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