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A comment on Almost 90 percent of NYC bars and restaurants couldn’t pay August rent. Parent comment

Re:Almost 90 percent of NYC bars and restaurants couldn’t pa... by twblalock on Tuesday September 22, 2020 @12:30AM (#24550864)
> The fact that we've been spewing money at asset holders for over a decade is why real-estate metrics are historically crazy.

No, the reason is restrictions on building which have constrained supply.

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Re:Almost 90 percent of NYC bars and restaurants couldn’t pa... by ABCLAW on Tuesday September 22, 2020 @12:37AM (#24550894)
Which would make sense except there are plenty of metropolitan areas which are not physically constrained or suffering horrendous zoning issues which also have the issue.

The world exists outside the particular clusterfuck that is the SF bay real estate market.

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Re:Almost 90 percent of NYC bars and restaurants couldn’t pa... by mdrabla on Tuesday September 22, 2020 @03:19AM (#24551826)
Bad bot, the subject is NYC not SF. Very different places
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Re:Almost 90 percent of NYC bars and restaurants couldn’t pa... by brutusborn on Tuesday September 22, 2020 @01:11AM (#24551067)
Why can't it be both?
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