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Old 04-07-2020, 00:37   #439
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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Re: Changes on the High Street

Quote:
Originally Posted by denphone View Post
More job cuts have just been annouced as Café Rouge and Bella Italia owner falls into administration.

https://www.bbc.co.uk/news/business-53270679
In some respects this is all good news.

We need to lose the concept of property as an asset to extract revenue from. Less high street outlets = oversupply of units and should push rents down for everyone else. In a best case scenario (if unlikely) of some being sold off to businesses who actually want to operate there. Extracting the financial sector parasite from the economy altogether.

Last edited by jfman; 04-07-2020 at 00:41.
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