Thursday, 12 June 2025

Lawlessness Inflation

 So you own x-storefront in a zone with  riots and lawlessness.  You pay taxes....you pay for property insurance....you expect 'protection' by the police and fire department.

So you get peaceful riot folks.....who scare off customers.  The riot folks also interfere with the delivery of goods. The riot folks damage  your windows and signs.  The riot folks also loot on occasion.

So your cost of business escalates....which you pass directly upon customers.

Your insurance cost?  That goes by by 100-percent....perhaps even 200-percent.

The police cars burnt out?  That cost burden goes onto your property tax.

The police officers wounded or medically retired because of PTSD?  That  cost burden goes onto your property or sales tax.

At some point, you evaluate the idea of leaving a metro-area for a more rural area....for less profit, but with less lawlessness inflation.

In the case of LA...the cherry on the cake?  Why would any tourist come and visit?  So your chances of getting a piece of the tourist dollars?  Pretty much zero.

That World Cup stuff, and Olympic guests business?  Forget that.

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