The SAD Reality of Retail Closing: Recession Over?
Here are many photos of retail outlets that have closed. If you read that the recession is over, the only way to believe this is true, are by the haunting photos..
Southeastern Mass, a lot of newly constructed strip malls sit empty. I've seen some flooring and hardware stores close up. There's a residential foreclosure on my street as well. But right now, it doesn't seem to be nearly as bad as in the rest of the country. I know there are a lot of jobless in Mass. A ton of layoffs. But these were high paying executive jobs with severance pay. Plus Mass. unemployment benefits are relatively generous and have been extended. Once the extended benefits start running out, I think we'll catch up with the rest of the country.
Many photos are repeats, and why are there some pictures of the airport? The photos with the four poles; these are approach lights for at the end of the runway.....you can't put anything in this particular area to begin with. I agree there are many buildings here but many look like they are nothing but bulldozer material to begin with....still it's sad and I think this will become commonplace all over the states.
I live in San Jose, CA. You can drive up and down the streets in Silicon Valley and see 40% vacancies of office space. Uncompleted buildings that have been abandoned after the steel frames went up.
welcome to downtown USA.. OC taxifornia looks the same way.. worse hit is office then retail///small and large everywhere.. industrial is out of control bad... people and businesses leaving taxifornia in a hurry..
There is a very small upscale strip mall near my house that has been full since '90. Now, all empty except for an Ace Hardware. Even Starbucks across the way is closing.
Is this in the Detroit area? Looked like a sign was area code 810?
ReplyDeleteA glipse of the near future I am sure.
That is Fort Lauderdale FL.
ReplyDeleteThings went downhill after the Tri-Lambs left.
I see this all over Indianapolis as well.
ReplyDeleteSoutheastern Mass, a lot of newly constructed strip malls sit empty. I've seen some flooring and hardware stores close up. There's a residential foreclosure on my street as well. But right now, it doesn't seem to be nearly as bad as in the rest of the country. I know there are a lot of jobless in Mass. A ton of layoffs. But these were high paying executive jobs with severance pay. Plus Mass. unemployment benefits are relatively generous and have been extended. Once the extended benefits start running out, I think we'll catch up with the rest of the country.
ReplyDeleteCould be anywhere in the US, though I am pretty sure there are no palm trees in Detroit.
ReplyDeleteCuttem out, close em up close em down close em in cuttem out close em-out RAWWWWHIDDDEEEEEE!
ReplyDeleteMany photos are repeats, and why are there some pictures of the airport? The photos with the four poles; these are approach lights for at the end of the runway.....you can't put anything in this particular area to begin with. I agree there are many buildings here but many look like they are nothing but bulldozer material to begin with....still it's sad and I think this will become commonplace all over the states.
ReplyDeleteYou can add my store front to that list. I had to close my business Jan.09. Still vacant.
ReplyDeleteI live in South Florida. Lots of vacant store fronts everywhere and growing.
ReplyDeleteI figure by December, 1 in 2 stores will be closed up.
Wow, very sad.
ReplyDeleteI live in San Jose, CA. You can drive up and down the streets in Silicon Valley and see 40% vacancies of office space. Uncompleted buildings that have been abandoned after the steel frames went up.
ReplyDeletewelcome to downtown USA..
ReplyDeleteOC taxifornia looks the same way..
worse hit is office then retail///small and large everywhere.. industrial is out of control bad... people and businesses leaving taxifornia in a hurry..
OMG
Stop lamenting and try to do something about the economy like joining Ron Paul's cause
ReplyDeletemy daughters business closed up and it is still empty here in VA
ReplyDeleteThere is a very small upscale strip mall near my house that has been full since '90. Now, all empty except for an Ace Hardware. Even Starbucks across the way is closing.
ReplyDelete