2009-01-16
On your Question of the Day 12-28-08 about the Peppermill, I would like to offer the following: The question really shouldn't just apply to the Peppermill. There are many businesses along the Strip that occupy land every bit as valuable as the Peppermill’s. I have always wondered how some of these low-class shops could justify their annual profits, compared to what they would have out of the land value selling it. Simply put, the question is, "How can so many low-class businesses justify their profit versus what they would get selling the land to a entity who would upgrade the land into something worthwhile?"