I’ve been noticing that quite a few restuarants have gone under up here in Temecula during the last 6-12 months. Here’s the latest example. The 2 restuarants that went under had great food and were farily busy. The pizza place did seem to rely on discount coupons a lot though; I don’t think I ever bought a pizza without a coupon. I am sad to see them close since I really liked their food. The fact that the owners’ house also went into foreclosure is something that I’ve also seen happening quite a bit up here. People used home equity to help get businesses going – now both the businesses and the R/E values are tanking. This is only the tip of the iceberg IMHO.
