this post was submitted on 23 Nov 2023
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Micro is not macro.
Macro shows there’s a ton of vacant space. Micro may beg to differ. It’s like saying there is no housing available, then you go to small town USA and every 3rd house is abandoned because there’s no one to buy them.
Hey the whole world is the same is a common misconception . You are spot on though. With some caution, some very high growth areas are 3rd and 4th home places. High traffic doesn’t necessarily contribute traditional metro businesses.