Posted Jul 17, 2008, 5:38 PM
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Hindrance to Development
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Join Date: May 2007
Posts: 2,411
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The problem is that you still need financing to build big things, and financing isn't exactly easy to come by with banks starting to go belly-up and needing federal bailouts. The economy being in a tizzy also means fewer people doing recreational travel, thus lowering the potential number of people that might visit this hotel--ditto for business travelers, while business isn't booming so much. Give it a few years.
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