Facebook's TikTok-like redesign marks sunset of social networking era

Re:Facebook's TikTok-like redesign marks sunset of social ne... by rchaud on Wednesday July 27, 2022 @06:56AM (#32248946)

I'd say it's long-term thinking. McD's is a franchise, and paying commercial rents at the levels they're at now is not economically viable in a lot of cities, especially if your walk-in traffic is mostly delivery service workers.

They'd probably make more money if they moved spaces into a ghost kitchen and cut out walk-in traffic entirely.

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Re:Facebook's TikTok-like redesign marks sunset of social ne... by amanaplanacanal on Wednesday July 27, 2022 @08:47AM (#32249780)

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.

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Re:Facebook's TikTok-like redesign marks sunset of social ne... by rchaud on Wednesday July 27, 2022 @10:39AM (#32250942)

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.

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Re:Facebook's TikTok-like redesign marks sunset of social ne... by spaceman_2020 on Wednesday July 27, 2022 @10:23AM (#32250744)

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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