Comment on Mildly McInfuriating
rumba@lemmy.zip 4 days agoSingle establishment commercial space may be pretty expensive still but there’s an awful lot of bigger buildings starting to feel the burn from work from home. I wonder how many of the big buildings would have to fall before the commercial real estate industry takes a serious dive and they lose a crap ton of bank?
chonglibloodsport@lemmy.world 4 days ago
A lot I think. McDonald’s doesn’t just build restaurants anywhere. They conduct rigorous market analyses to determine where they want to buy real estate. They don’t buy unless they expect a place to be growing.
They have the benefit of all the data from their restaurants. They can compare that with publicly available data from local city councils. This is one of the reasons big companies seem to be immortal. They just have so much data, experience, and understanding of exactly how the business works at a local level.
Of course what they can’t anticipate (and few can) are global economic slowdowns and other major trends or even sudden events.