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In reply to the discussion: There's A Masive Restaurant Industry Bubble, and It's About To Burst [View all]mopinko
(70,103 posts)9. im callin bullshit.
it is the shitty wages that are dragging them down.
i have a son from another mother who graduated last year from culinary institute of america. he has $60k in loans.
he got offers of $10/hr. even a place where he did an internship, and they loved him and wanted him back would only go to $12.50, and he knew there was not much room to go up there. the top guy made $14.50.
this was a place where they are turning them away on the weekends.
he ended up in boston, where he is making $14/hr and only surviving because he works 60hour weeks.
i worked in restaurants over 30 years ago, and people are still making he same money.
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There's A Masive Restaurant Industry Bubble, and It's About To Burst [View all]
Grey Lemercier
Jan 2017
OP
I was just going to mention that myself. I'm not a huge foodie because I personally
Nay
Jan 2017
#19
Locally, they come and go. Mostly they go when the building owner jacks up the rent.
FarCenter
Jan 2017
#3
Yep. A local Chinese Restaurant paid $12K/Month for a medium strip mall store. Move to small $6K one
TheBlackAdder
Jan 2017
#16
Maybe if they focused on healthier, or, gasp, more vegetarian, meals that would help.
MoonRiver
Jan 2017
#6
I can cook for myself for a week for the price of one meal in a restaurant.
Binkie The Clown
Jan 2017
#20