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Posted on 1/29/15 at 5:39 pm to UserName69
quote:
Did a Finance project on this years ago in undergrad when I first heard of this, and it has proven now to be true.
Can you share the results of your project here? Provide more details on what your assumptions were?
Posted on 1/29/15 at 7:39 pm to euphemus
Maybe Starbucks turns lower middle class areas into yuppie upper middle class areas, but that's mild gentrification. Hipsters don't go to Starbucks.
Posted on 1/29/15 at 11:44 pm to kingbob
quote:
So if I'm a slumlord, what I do is attempt to open up a Starbuck's franchise near my crummy rental property to increase the value?
Starbucks doesn't franchise. The only person that I know of to ever own any Starbucks stores in the US besides Starbucks themselves was Magic Johnson.
Posted on 1/29/15 at 11:58 pm to tigerbutt
quote:
Posted by tigerbutt
quote:
The next time you see a Starbucks, snap up a rental property near it. It will pay off in the long run.
By the time the long run takes effect, Starbucks won't exist.
I don't see any scenario short of global apocalypse in which Starbucks ceases to exist
Posted on 1/30/15 at 12:10 am to euphemus
Starbucks (or similar) in a convenient location nearby is a huge plus for me.
Posted on 1/30/15 at 12:11 am to euphemus
Not a fan of Starbucks and their ridiculously overpriced coffee. Good, yes. Good enough to spend $5 on a cup of Joe? No.
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