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Old Posted Nov 30, 2007, 5:45 PM
VivaLFuego's Avatar
VivaLFuego VivaLFuego is offline
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Join Date: Feb 2005
Location: Blue Island
Posts: 6,509
Quote:
Originally Posted by Chicago Shawn View Post
Oh well. The land those projects are sitting on is only getting more valuble the longer they sit empty.
...which just means that whenever something is built there, the developer will have to increase the price of the units to make his margin on the project to please the investors...and the price would increase even further assuming Slick Bobby keeps density down to "keep the neighborhood hot". Hooray for cost-of-living increases.
     
     
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