The Ox said:The Landlords will not be able to pay the mortgage and the banks will foreclose on them, the banks will again hold the real assets no matter how much of the mortgage has been paid. Even the TC will have plenty of empty shops soon enough.Seosa said:The thing is, when these shops eventually go bust, what will be the point in town centres? What will even happen to them?
When I worked there it was £7k a week just to walk through the door without rates, wages and all other overheads.
It'll be ridiculous. Society will have to have a serious re-think, a sentence which is quite ridiculous in its own right.<br /><br />-- Fri Jan 18, 2013 10:16 pm --<br /><br />
MCFC-alan88 said:Seosa said:The thing is, when these shops eventually go bust, what will be the point in town centres? What will even happen to them?
A genuine question not being arsey, but how many people actually go to town centres anymore?
My local town centre, Leigh (shit hole) is full of retards, rejects and crack heads. No one of any worth goes there any more. The only shops I will miss are Waterfields and Greggs.
You make a valid point, but people do still go to town centres and cities to shop. What the fuck will they do when they're not there anymore?