Quote:
Originally Posted by Chronamut
I understand your concerns but it is encouraging that people are TRYING - I mean everyone has to start somewhere right? I wish we had more established builders in the city personally but with so little being built in the past it's not like many have a huge track record like they might in toronto or other cities.
|
I get what you're saying, but if you don't actually have the capital, experience or infrastructure to build something of this scale, don't even attempt it. The only rationale is sitting on the land as it increases in value and then flipping it to another owner/developer with the capabilities.