Trader Joe's Affect -- The Seattle "Starbuck Affect"

[Troy Fisher]

Hey guys, a couple years ago, there was a big push that because of the market research that Starbuck put into there store locations staying ahead of their new store openings was a good thing, now we've got our own local swing: Trader Joe's.... 

http://www.bizjournals.com/seattle/blog/2015/08/no...

Is this something you'll start looking at as part of your acquisition strategy?

[Jordan Morrison]

Originally posted by @Kai Hicks:

As far as I know, mortgage rates are tied to the 10 year T-bill, which I don't see demand dropping for anytime soon. But when rates go up, and CDs and savings accounts offer better yields which leads to less competition for alternative asset classes like real estate.

 I don't see there being any chance of people passing on real estate to get into CD's and savings accounts regardless of what rates do.  You could bury the money in the backyard and get a better return than in a CD or savings account.