“Vacancy rates for spaces up to 3,000 square feet – often home to independent restaurants – rose to 8.1 percent at the end of March, up from 6.8 percent at the end of September, when the city underwent a previous wave of closures. That rate is at its highest since 2010,” LeBarton added.
According to the U.S. Bureau of Labor Statistics, the total number of Baltimore restaurants and bars declined 4.6 percent in 2013 and 2016 – from 1,613 to 1,539. This was not the case nationally, food and drinking establishments soared 5.7 percent, 8.9 million in 2013 to 9.4 million in 2016.
One consumer analyst told The Baltimore Sun that some factors behind the surge in restaurant closures include, “natural cycles of the industry, millennials’ preference for convenience and value and – more particular to this area – competition in the suburbs and high crime rates that ward off suburbanites.”
Downtown Partnership President Kirby Fowler said restaurants are an extremely speculative industry and often have a three- to five-year life cycle.
“There might be issues involving the city’s reputation, but it as well could be an explanation of what the restaurant is doing or not doing,”Fowler said of the factors driving local closures. “To open a restaurant is a risky endeavor, but it’s what we all want to happen more and more.”
Brandon Chicotsky, a business faculty member at Johns Hopkins University, blamed millennials for the recent wave of closures, who want to “eat conveniently,” which means they are too broke and must resort to at-home dining options, including saving money by shopping at grocery stores and or using Grubhub or Uber Eats.
“Dont Blame the Millenials, Blame the low welfare payments, black people can’t afford these fancy places” said Eric Diller, a city analyst.
“I just don’t feel safe anymore, in fact we are looking at moving away” said Deborah, a home owner.
And it’s true, Baltimore has become increasingly a BLACK city with increased violence in the Harbor district as gangs of roving violent “YOUTS” beat up white people, people are opting more and more to just eat at home even if they can afford to eat out.
Blacks running wild is shutting down the city and driving business away, turning it into a burned out ghetto warzone. Why don’t blacks get this? They can’t help it, it’s just their nature to ghetto-fy any place they begin to amass in numbers. And they can FEEL IT, which is why now, suddenly they feel they have the numbers to riot and get away with it. Whose going to stop them the black pussy mayor Cathering Pugh?
Things are so bad, that five journalists COVERING the black riots in Baltimore have been beat up so far this year.