Friday, January 15, 2016

Counter-intuitive.......................


From the article on the retail sector of the real estate world, titled Back to Normal?, in the January print issue of National Real Estate Investor:

     But Moore isn't concerned about the increase in bankruptcies;  he's reassured by it.

     "The reason we weren't seeing any bankruptcies was because no one new was starting up -- there was an absence of new concepts," he says.  "As the retail sector improved, people decided to jump in with new concepts.  That's why we're seeing bankruptcies:  not everybody is going to win."

Must have something to do with that necessary "creative destruction" part of a capitalistic economic system.

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