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re: Confirmed: Starbucks knows the next hot neighborhood before everybody else does

Posted on 1/29/15 at 5:31 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 1/29/15 at 5:31 pm to
quote:

There's an extremely gay, black barista who works at the Starbuck's in Perkins Rowe.


Posted by euphemus
Member since Mar 2014
536 posts
Posted on 1/29/15 at 5:39 pm to
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 by cahoots
Member since Jan 2009
9134 posts
Posted on 1/29/15 at 7:39 pm to
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 by nolanola
Member since Nov 2010
7581 posts
Posted on 1/29/15 at 11:44 pm to
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 by 632627
LA
Member since Dec 2011
12757 posts
Posted on 1/29/15 at 11:58 pm to
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 by dewster
Chicago
Member since Aug 2006
25343 posts
Posted on 1/30/15 at 12:10 am to
Starbucks (or similar) in a convenient location nearby is a huge plus for me.
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 1/30/15 at 12:11 am to
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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