Australian commercial property markets sentiment falls sharply in Q1 2019 - CRE Herald
[{"id": "embdrbv", "text": "Im surprised this hasn\u2019t started effecting the US economy already. I went to the mall last weekend (after a long time) and lots of empty stores.\n\nSears is gone. Abercrombie gone. Hollister gone. Crazy 8 going out of business. Toys R Us gone. Teavana gone. Ann Taylor going out of business. Kmart almost gone. Gap and BR announcing closures.\n\nThe rents are so low in some malls that school lego teams use the spaces as meetup spots.", "replies": [{"id": "embgomt", "text": "I forget the ratios now but the US is over retailed by like 3:1 vs the next nearest country when comparing population vs rentable sq/ft of retail.\n\nIt would makes sense for this trend to continue due to shopping habit changes between generations. The Amazon effect is certainly real.", "replies": [], "depth": 2}], "depth": 1}]