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Where I live, there is tons of empty retail space because of Amazon, eBay, etc. I would assume that would push commercial rents down, but I evidently don’t understand that market at all.



I'm thinking about fast food locations in cities, not suburban strip malls and stuff. We expect Starbucks for example to have nice locations in high-rent downtown areas, but I always see McD's not far away from there too.


The commercial real estate market has been untethered from reality for a while.

Heck, that’s true for all real estate markets. Funny money and overseas wealth has distorted all notions of market efficiency.




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