So asks the Union Tribuine in this article: http://www.utsandiego.com/news/2012/s...
Money quote from the article:
Theories abound as to why there seems to be a growing mania for opening a restaurant, even during an economic recovery that continues to stumble. Rents, say some experts, have yet to bounce back from pre-recession highs, diners are looking for affordably priced, neighborhood-friendly spots to congregate, and more restaurant-ready spaces are becoming available as concepts fail or longtime operators retire.
Experienced restaurateurs, however, are quick to point out that in many cases, landlords are getting choosier about who they’ll rent to, and diners are becoming more selective about where they spend their hard-earned dollars.