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I am amazed about the continued retail building in our area.* I keep think the area "must be saturated" - then they break ground on another strip mall.
In my work travels, just seems like I'm seeing a rise in vacant retail properties.* I've also seen some "national restaurant chain" closures (Applebee's, etc) - which I've never seen before.
I saw a table somewhere which had "retail square foot per capita".* *Vaguely remember numbers:* India had 3 square feet/person, Europe in the teens, US had 40-50 square feet per person of retail space.
Maybe saturation isn't possible with "consumption craved" Americans.
Bubble possible ?
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