Comment by buellerbueller

In which case, one might expect Borger Kong to build in developer-unfriendly Smallville, because they will capture the people driving outside of Smallville. All your arguments are easily countered by basic supply and demand hyoptheticals.

There is no reason that McDonald's shouldn't own the risk of developing a McDonalds, and instead make secret deals with local governments to offset some of that risk. Thats a cost that should be borne by the business.