A poor lower class area has more liquor stores, fast food restaurants etc. than a high class area what is this?
-
I recently had a misconception of gentrification and I am looking for a term to coincide with the above statement. I am not sure if there is a term that exist but I am curious. Thanks in advance.
-
Answer:
(1) Richer residential neighborhoods (think suburbs) are generally not zoned for retail at all. (2) In general, population density is much lower in rich residential neighborhoods than in poor ones (the rich can afford more space). That means there won't be as many customers. (think townhouses vs. tenements) (3) One of the exceptions is high density urban housing (New York, San Francisco, etc.) where even the rich live in high-rise buildings and so have high density. There, because there are so many rich people around, the rents for stores are high. Fast food restaurants don't charge much and so can't make a profit when rents are high. (But the San Francisco high density areas do have convenience stores that sell wine (with bottles up to $100), liquor, fast food (deli, frozen, etc.) - they just don't devote as much space to those goods.) As for a specific term, I can't think of one either.
Tony at Yahoo! Answers Visit the source
Other answers
The wealthy are smarter than to indulge in wasteful spending. They are more interested in tying their capital for an investment return. The middle class and poor tend to spend lucrative amounts of money on wasteful things.
rajeshmarajh
Related Q & A:
- How do I get a job in IT or Software Development if I have no experience and only a 3rd class degree?Best solution by answers.yahoo.com
- What is a typical college class like? How different is it from High School?Best solution by campusexplorer.com
- What fast food is there in thailand?Best solution by Yahoo! Answers
- How many fast food restaurants are there in each state in the U.S?Best solution by numberof.net
- What are some secret menus that fast food places have?Best solution by ChaCha
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.