09-02-2017, 10:18 AM
(09-02-2017, 09:42 AM)Rainrider22 Wrote:(09-02-2017, 09:01 AM)ijmorlan Wrote: My house only looks like a good place to live because previous owners of the land have cleared the forest, smoothed the ground, built roads, connected to the sewer, water, electricity, and gas supplies, constructed a building, installed a furnace… without any of those things, you can see that clearly it is not an ideal spot for anyone to live.
Anyway, if you’re right, they won’t be able to fill the towers at the intended sale/rental price and they will (eventually) go bankrupt.
I am curious as to what statistical, and or quantifiable data you are able to make this determination. Development companies do not typically adhoc spend millions of dollars oh a major project based on a whim or hope.
I believe that's exactly ijmorlan's point. The development company believes it can successfully develop the property. mcparkhill's claims to the contrary aren't supported by anything more than his own opinion, but even if he was right, it's the development company who's taking the risk, so why does it matter.