Re:Redditors who are rich (net worth $1 million+) - how did ...
by carguy1983 on Wednesday April 04, 2012 @02:46PM
(#3799159)
My gist was you don't have to be able to know, just walk down the street, then walk down the same street 6 months later, and many of the shops will have changed.
Though I would argue that as the owner of two retail locations, I am probably better equipped to make that judgement than most.
In my experience, most retail leases are for 5 year terms. I can't imagine that the default rate on those is anywhere near 50%. Most business "failures" likely never got far enough to sign a lease.