Wednesday, December 20, 2006


Excerpts from an interesting article on how the Patels from India took over more than half the room and board industry in the United States.
In the mid-1970's, Patels from Africa and Asia began to emigrate to North America. Any immigrant willing to invest $40,000 in a business could apply for permanent residence, the first step to citizenship. There were limited opportunities for such an investment. Restaurants required the Hindu Gujaratis to handle meat, an uncomfortable activity. Furthermore, a restaurant required one-on-one interaction with guests, confusing for newly-arrived immigrants. But distressed roadside motels could be acquired outright for $40,000.

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