I don't know if there's a simple answer to this question, but I'll ask anyway...
Does each machine require a permit, or does a premises (ie. a Quicksilver arcade) get one? Does it depend on the amount of machines you have and their classification, or what?
I wouldn't put a penny into property right now. Property is fallen at something by 8% since Xmas and is likely to keep going til it's fallen 30% in total.
When the gap between renting and morgage payments are closer the market will boom again. Right now, it's about 3 years off!
Three years is a bit pessimistic?! But entirely possible. Property has fallen 30% already in the past 12 months and it's set to trough in the next year at some point; sooner, rather than later I'd hope.
Economic hardship tends to see an increase in gambling, drinking, drug abuse, etc. because people get depressed/desperate. So it could be argued that arcades/amusements will benefit. Although there are obviously the disadvantages of losing more "casual" players, I admit.
Plus I'm looking at launching early 2009... I reckon the credit crunch should be over in about 12-18 months. It's a long-term investment, not a short-term money maker.
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