Understood. Just like we saw with college tuition, the cheap borrowed money allowed prices to explode.
Now it's really sinking in just how insanely low rates have been the past few years. I remember buying my first house in 2002 for 6.375%, and at...
I wonder how much of that is franchise fees vs. purchase of food and supplies from the Corp. I mean, if you're gonna run a McDonalds, I'm pretty...