And how many years they get in Connecticut?Steal whatever you want from Walgreens with no penalty but in California, porch pirates get 1 year in prison for stealing Amazon packages. Can’t make this stuff up.
Seriously. Have you seen the videos. These poor people are not exactly driving beaters.Could this be a sociological problem in which the poor are rising up which I always fear would happen.
They don't have to care about laws that aren't being enforcedThey don't care about the laws and do what they can and get away.
So cities also having smash and grab like in Chicago have lax unenforced laws?They don't have to care about laws that aren't being enforced
In a word. Yes.So cities also having smash and grab like in Chicago have lax unenforced laws?
Not sure what you mean. This "groups" concern appears to be about uncontrolled theft. Not cap ratesInvestors apparently don’t share this groups concerns … according to The Boulder Group, Walgreens cap rates are down 85 basis points over the last 12 months to an average of 5.4%, with CVS rates down 35 bp to 5.15%. I guess they don’t think the world is coming to an end …
If investors thought “uncontrolled theft” was an issue, instead of an anomaly, their investments in these retail properties would be riskier, requiring a higher rate of return.Not sure what you mean. This "groups" concern appears to be about uncontrolled theft. Not cap rates