Quote:
Originally Posted by ithakas
Does anyone have any insight on why cities like Paris, Rome, London seem to have far less retail vacancy than American peers? I just got back from a trip to Paris where I walked probably 10 miles a day and saw only a handful of vacant storefronts across the city the whole time. Same with Rome last fall...
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The U.S. has a lot more retail space than other countries. The sector is overbuilt.