Living on top of the shop?

In our increasingly urbanized society, many people are now reverting to a living situation that was quite common when store owners lived directly above their shops. But now in places like New York, many renters and condo owners live above all sorts of different establishments; fast food joints, strip clubs, dry cleaners, gyms – what’s it like to live above one of these kinds of retail establishments? How does it affect housing values?

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