interesting, but true.
MY favorite line of course:
>>>It's a lot more complicated than greedy landlords trying to raise the
rent," said Ennen
Especially where taxes continue to rise, and, THAT is true and more so
in residential (more so in pricate home rentals).
Example:
700 sq ft house in Ocean Twp.
Landlord charges $1000 month in rent
Pays mortgage on $181,000
Pays RE Taxes of $3700
So for a small operator who did BUY their building or location, you
have to compete with the nationals or those who have deeper pcokets for
your space at the end of your lease.
If the government wants to control rents and keep those moms and pops
in place, then the government will have to control TAXES or build their
won government owned or subsidized commercial centers.
Many businesses struggle. As the article pointed out, the INTERNET can
kill you.
Like my own kid, asking to stop at EB games when I left the home depot
to get MADDEN NFL. Told him to go home and order it off Amazon. He
laughed at me and what save $2.00? Told him yep. COndier the fact that
the taco bell I got him cost me around $4.00.
Lastly, many of the chains are taking steps to conform to local
neighborhoods so they "blend" in. Hence the "lifestyle centers"
intended to tone down strip centers and malls. And it will Asbury from
the boardwalk to Cookman. Common sense. Oh - there goes that word.
Here's a thought. When I left Wegmans last night, I turned around and
looked at the building. Actaully kind of ugly in it's own way. It
reminded me of something and I remembered - Wesley Grove along Cookman.
Take a look.
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/AsburyPark/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/AsburyPark/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:[EMAIL PROTECTED]
mailto:[EMAIL PROTECTED]
<*> To unsubscribe from this group, send an email to:
[EMAIL PROTECTED]
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
