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Re: None

Wednesday, 07/11/2018 10:14:29 PM

Wednesday, July 11, 2018 10:14:29 PM

Post# of 346675
Atlantic City. Interesting. From a quick search i picked up a few stats:

Population: 39,000
Median property value $182k

https://datausa.io/profile/geo/atlantic-city-nj/

When compared to Boston:

Population: 672,000
Median Property Value: $495,000

https://datausa.io/profile/geo/boston-ma/

And I’m pretty sure the buildings required to House a S&L are pretty much above the median property.

I’m guessing they are taking that into consideration as well. Places like Boston, New York, L.A, etc, are sexy places, but rent is not cheap. They are probably a bit down the line, when S&L is making much more revenue. Or if another miracle like JRF happens.