Hi everyone,I’m considering buying a 2,500 sq ft commercial property with this deed restriction (in place until 2037):“Neither Grantee nor its successors, assigns or legal representatives, lessees, or sublessees, shall conduct or permit the conduct on the Property of, and the Property shall never be used for:(i) a grocery or convenience store selling at retail any food or food products, dairy products, beer, wine or other alcoholic beverages for consumption off the premises;(ii) the retail sale of any food or food products, beer, wine or other alcoholic beverages for consumption on or off the premises.”My plan is to use the space as an event venue (birthdays, weddings, baby showers, etc.), where renters bring/cater their own food and drinks.

The Fed prefers the Personal Consumption Expenditures (PCE) index, which they see as more accurate, broader in scope, more dynamic, and less volatile.

I'd steer clear of anything alcohol related as well.

After showing a renovated vacant apartment 2 weeks now, and getting a seemingly neverending string of high risk applicants... crime records, alcoholics, people with drug issues, evictions....

At least they are just weed addicts and not alcoholics or worse 

All in all, the combination of weed and alcohol seems to have been part of their family issues.

Bleach or alcohol wipe-down is fine, but drying is the most critical step.

Drugs and alcohol were readily available in the black neighborhood, Drugs and alcohol were readily available in the white neighborhood.What was missing in both neighborhoods was fathers who took responsibility.If you live in a government project, bless you madam, you are doing wonderful work if you are involved in your kid's lives. 

As we saw last week, personal consumption is still robust enough and unemployment, low enough, and income growth is high enough (still higher than inflation) that the US economy is chugging along nicely.So far.

There was actually broad participation from much of industry.Hot Economy, Hot Income Growth and Sticky InflationIn this report, personal consumption data from the consumer gave us insight into the health of the economy, and, shocker, folks be spendin’!