America restaurant bubble is about to pop vol: the end of another golden age

WorldBreaker said:
Word.
Never been to any of those places, but I know Minneapolis has some good food...depending on what you're looking for of course.:rolleyes
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Minneapolis has good Southeast Asian food right? I'm just assuming that because my Laos and Vietnamese friends have a lot of relatives out there
 
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And this thread is the reason why Trump won.

Cats out here blaming the 500 people that moved from Iowa instead of the millions that migrated from every other part of the country / world and the fact that real estate prices have exponentially grown due to tech and land scarcity.

But blame the Nebraska transplant. Makes total sense.
 
What doesn't make sense is how you didn't read that I'm not blaming any transplant for restaurants going out of business or for anything else. Literally all I said was that the new restaurants that charge 3X more are able to survive because of people who come from areas where that food doesn't exist (and therefore don't know how the food should taste or how much it should cost). Please point out where I wrote that people from the Midwest are driving local restaurants out of business

SFC415 said:
Many of the good Asian and Latino restaurants that couldn't afford rent any longer in SF have disappeared from the city and have been replaced by trash white-washed restaurants that charge double/triple for the same type of food and lure in customers with a nice or hipster decor. The new restaurants can survive because all the Midwesterners with no taste buds have moved into the neighborhoods and do things like pay $10 for a garbage banh mi sandwich, when you can get the real thing (which tastes 100x better) for $3-4 in the South and East Bay.

I literally never go out to eat in SF anymore, even though I still live only 20 mins away after moving out.
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SFC415 said:
I didn't blame Midwesterners for restaurants going out of business, and I'm not talking about people from Chicago as Chicago is more like an East Coast city that happens to be located in the Midwest. I'm talking about people from Iowa, Wyoming, Nebraska, etc. (which my company and many of the tech startups I consulted for are full of) supporting the new restaurants that water down the taste and charge 3x the price of an authentic spot. That is all
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SFC415 said:
 Originally Posted by WorldBreaker  

Word.
Never been to any of those places, but I know Minneapolis has some good food...depending on what you're looking for of course.
eyes.gif
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Minneapolis has good Southeast Asian food right? I'm just assuming that because my Laos and Vietnamese friends have a lot of relatives out there
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I think its good, but I haven't had Vietnamese food anywhere else. 
 
I just wish there was a late night taco truck by me. We used to hit up the one near my friend's apartment in Astoria after getting wasted.
 
SunDOOBIE said:
This is the main culprit
In CA, startng 1/1/2017, it's $10 an hour. Add to that cost... US Govt mandated health insurance coverage, overtime laws, workers compensation insurance, and payroll taxes.

$10 becomes closer to $15 an hour just to hire a dish washer... and in less than 6 years... Min Wage in CA will be $15.
^ For the next 6 years, that business has to deal with increasing minimum wage so the 20k will no doubt will be additional 100k+ by 2023. No business can survive that type of increase in cost unless you increase the prices on the menu and even with that, most businesses won't survive. The days of opening a small mom/pop business and having to hire employees full time are going away as most businesses are now focusing on temporary workers so they don't have to hire.
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Cali was already 10 an hour. It's 10.50 now.
 
JJs07 said:
The arrogance of some of these owners/chefs are also contributing to the bubble bursting. For instance, there's a spot in DC called Shaw's Bijou. Opened with a lot of fanfare in November, I think. Dude had the audacity to charge $185 per person, not including drinks, taxes, or tip. Dinner for two would EASILY exceed $500. The owner got slammed by the press, amongst others. Long story short, they slashed prices in '17. By a lot.
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is the place any good?
 
WorldGoneMad said:
is the place any good?
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I've never found any expensive, "fine dining" to be better than casual/affordable yet good quality dining. I've eaten at fine dining restaurants all over the world (not humble bragging, it was all paid for by work/family. I would never spend that much myself) and have never left thinking "Damn, that was good".

This is from Shaw's Bijou's Yelp page

View media item 2285639
None of this looks remotely appealing to me
 
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SFC415 said:
I didn't blame Midwesterners for restaurants going out of business, and I'm not talking about people from Chicago as Chicago is more like an East Coast city that happens to be located in the Midwest. I'm talking about people from Iowa, Wyoming, Nebraska, etc. (which my company and many of the tech startups I consulted for are full of) supporting the new restaurants that water down the taste and charge 3x the price of an authentic spot. That is all
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Again, Handullz, can you read or not? I'm saying people like them support the new expensive restaurants that are replacing the old ones. I mean all you have to do is look at the line right below what you enlarged. You still can't point out where I blamed them for the old restaurants going out of business :lol:

Just to simplify it for you since you can't comprehend my posts for some reason:

Timeline:
1) Old restaurants go out of business for various reasons
2) New overpriced restaurant opens up
3) Transplants that have never had that type of food before (or haven't had good versions of that food before) help keep the new restaurants alive
 
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SFC415 said:
Minneapolis has good Southeast Asian food right? I'm just assuming that because my Laos and Vietnamese friends have a lot of relatives out there
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There is a large population of Hmong and Viet people in MPLS, so SE Asian restaurants are common....Viet food is good, but not Bay area, Westminster, or Houston good.  Those areas are on another level.  
 
SFC415 said:
Again, Handullz, can you read or not? I'm saying people like them support the new expensive restaurants that are replacing the old ones. I mean all you have to do is look at the line right below what you enlarged. You still can't point out where I blamed them for the old restaurants going out of business
laugh.gif


Just to simplify it for you since you can't comprehend my posts for some reason:

Timeline:
1) Old restaurants go out of business for various reasons
2) New overpriced restaurant opens up
3) Transplants that have never had that type of food before (or haven't had good versions of that food before) help keep the new restaurants alive
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I think he's just trying to fit this into his Trump narrative lol
 
I think w/ these new higher priced spots, it's just saying that you eat there, it's like buying high end cars, u cop the lambo just to say u copped the lambo
 
I respect the smaller restaurants that charge a grip for a tasting menu becuase they try new things and use top notch quality plus some try to teach you about food and taste and memeory. But some of these places just want to charge you 50$ for a steak with carrots and call it a day. Eff that.

I'm in NYC and I guess the bubble stay bursting and bubbling up again becuase business whether good or bad Go out of business all the time and another will take its place within 6 months.

Restaurant business has to be the hardest in my opinion to maintain and succeed. Clients and landlords are *******, plain and simple.
 
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You originally from San Jose? I lived there during middle and high school. All the Vietnamese spots near the Evergreen/ Silver Creek area :pimp: Only complaint is that 95% of them are cash only :lol: If South Bay traffic wasn't a nightmare (I work in San Mateo) I'd live in Santa Clara/SJ just so I could just easily eat Korean and Vietnamese food everyday. Nowadays I have to wait until the weekends/past 8 PM to drive down there because of traffic
 
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Mark Antony said:
It's like some sort of abused mentality that Americans have, blame your underpaid employee, not the predatory landlord. I'm trying to figure out when the mentality to blame poor people for the nation's ills began.
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Since the dawn of society. People always look to place the blame on someone for what's going wrong in a certain situation. It just happens to be that the poor doesn't have a voice and can't defend themselves.
 
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Good. Hopefully the tipping culture is abolished when they recover.

This is also not a surprise given how many ppl good trucks and smaller outfits have become successful.
 
SFC415 said:
heatpinoyboy said:
This girl told me she'd take me to get good pho and took me to bowls & rolls :x
Like chipotle except for pho and banh mi :frown:
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I was walking past a Vietnamese restaurant on Polk Street the other day, and it had the hipster decor and a description of "Rustic Vietnamese Cuisine". I don't know what the hell that even means and didn't even look at the menu, because I knew it would just make me become upset :lol:
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i know exactly where that is. that whole area is turning into Valencia street :smh:
 
I Lax Bro said:
Yeah it is. What spots you recommend?
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Not in any order:

Honey Butter Fried Chicken

Au Cheval

Lula's Cafe

Roister

Longman and Eagle

Ming Hin for dimsum

Double Happiness for the Dry noodles

Sun Wah for the $40 dollar duck special (slice meat off and served with steamed buns, then use carcass for soup and fried rice).  

New Asia Restaurant for the bone in chicken Pho and Chicken salad

Tacos San Juanito for the Al Pastor

Noon O Kabob for Persian

Breweries: 

Revolution

Half Acre

Haymarket

Lagunitas

Finch's 

Alot more to list hahaha
 
kdawg said:
I'm not sure about the conclusion that the reason for restaurants failing is the cost of labor. They skim over the fact that rent is killing them. To me that's the biggest difference between business now and 20 years ago - you can't just borrow a little money and open up a small business, work hard and expand - because you're paying way too much of your turnover in rent so that someone can sit at home and profit from your efforts. Just because they bought a building when it was cheap doesn't make them more deserving. It's not going to get better either - it's hard for folks nowadays to start a business mainly because of that.

He mentions that in the part where he talks about the lease expiring and then tripling the rent - but to me it's the most important reason, and screwing us all over.
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Land owners raising rent will say they are getting squeezed by increasing property taxes. Rent control in some cities needs to be a real thing for businesses. You are going to see more and more food trucks and mobile business. Store fronts are becoming things of the past because it's just not financially possible for many entrepreneurs.
 
Au Cheval... So damn good.
Best burger I've ever had. Hands down.
Yes, I've had In & Out.

Add Roost Carolina Kitchen, Bavette's, Ramen San, Wasabi, Oiistar, Yuzu, green street smoked meats, purple pig, peaquods, Big Star... plenty more
 
Verdenuggets said:
Not in any order:

Honey Butter Fried Chicken
Au Cheval
Lula's Cafe
Roister
Longman and Eagle
Ming Hin for dimsum
Double Happiness for the Dry noodles
Sun Wah for the $40 dollar duck special (slice meat off and served with steamed buns, then use carcass for soup and fried rice).  
New Asia Restaurant for the bone in chicken Pho and Chicken salad
Tacos San Juanito for the Al Pastor
Noon O Kabob for Persian

Breweries: 
Revolution
Half Acre
Haymarket
Lagunitas
Finch's 

Alot more to list hahaha
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Au Cheval is fire. Can't decide if its better than Kuma's though. A place I totally forgot about is Cafecito. Used it hit it frequently for lunch at work , stopped going, but went again and its still awesome.

Been trying to find some more hispanic food. Not too easy in the loop and all those hole in the wall places taste the same. Might have to venture around
 
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