Areas Quote by Roger Corman
“There were two practical reasons we moved to Venice. One was that there was an artists movement and a countercultural movement. Lots of people we might want to hire lived in the area. We also wanted to buy in a lower rent area that looked like it was going to be gentrified so that we could eventually sell the studio for more money.”
About This Quote
Source Interview: Business decisions, 2020
Corman moved to Venice to tap into a vibrant artistic community and to invest in a low‑rent area expected to appreciate in value.
In simple terms: He chose Venice for talent and future profit.
Leverage location for talent and investment growth.
Themes
Mood
Type
When to use this quote
- startup hiring
- studio location
- real‑estate investment
- urban development
- risk assessment
Key Concepts
Questions to Reflect On
- How do you balance cultural fit with financial speculation?
- What risks arise if the area does not gentrify?
Assumes gentrification will occur as predicted, which may not happen.