Street prices for illegal stuff can be suppressed for a number of reasons. For example, it is very common to keep prices low by cutting stuff with stronger / cheaper / more addictive substances.
Which is why people are finding fentanyl in damn near everything now.
I didn’t realise street things means illegal stuff lol, I just thought they meant street vendors. You’re absolutely right though there are more factors to it then.
It’s the rents, no doubt about it. In Los Angeles a lot of successful places are going under and it’s because the landlords want these businesses to do more than is actually possible.
It’s crazy to me to see all the hollowed out store fronts because local businesses can’t pay “rent.” Especially after the pandemic.
The small business couldn’t make rent, so the Landlord kicked them out, so now the business person has no business and the landlord has a boarded up storefront covered with graffiti. There are entire city blocks abandoned because of this nonsense. Who does this benefit?
not just store fronts. the walk-up flat next door to me in a small building (and only vacant one) has been ‘on the market’ and ready for move-in for over eight months… at 3.5x what the rents were jan 2020. the greedy bastard just won’t take less and he’s willing to leave it empty until he gets what he wants.
The EXACT same food I bought 5 years ago has doubled, so now I eat differently.
My bourbon has gone from $35 to $46 in a year. My favorite scotch went from $55 to $70 in a year. I no longer drink either.
Street prices for street things are the only stable prices.
So what the actual fuck is going on?
If street prices stay the same then it’s probably the rent making the differences in other stores
Street prices for illegal stuff can be suppressed for a number of reasons. For example, it is very common to keep prices low by cutting stuff with stronger / cheaper / more addictive substances.
Which is why people are finding fentanyl in damn near everything now.
I didn’t realise street things means illegal stuff lol, I just thought they meant street vendors. You’re absolutely right though there are more factors to it then.
It’s the rents, no doubt about it. In Los Angeles a lot of successful places are going under and it’s because the landlords want these businesses to do more than is actually possible.
It’s crazy to me to see all the hollowed out store fronts because local businesses can’t pay “rent.” Especially after the pandemic.
The small business couldn’t make rent, so the Landlord kicked them out, so now the business person has no business and the landlord has a boarded up storefront covered with graffiti. There are entire city blocks abandoned because of this nonsense. Who does this benefit?
Real estate cartels
not just store fronts. the walk-up flat next door to me in a small building (and only vacant one) has been ‘on the market’ and ready for move-in for over eight months… at 3.5x what the rents were jan 2020. the greedy bastard just won’t take less and he’s willing to leave it empty until he gets what he wants.