Posts tagged local culture
Death of the Neighborhood Tavern

Bars like this have always been vulnerable, and churn is high. They're low-margin businesses that depend on volume sales and low rent. In cities across America, both trends are working against the neighborhood tavern. With more and more places to drink, dive bars don't get the traffic they did twenty years ago. More significantly, as the middle class leaves the suburbs to return to the city, rents are on the rise in the urban core.

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