Quote:
Originally Posted by acottawa
Yes, but Campeau and the Greenbergs didn't have to spend a billion dollars for the privilege of buying land at market value. They bought dirt cheap farmland. To have the opportunity to buy the land he has to buy a hockey team of questionable profitability, write off a 20 year old arena, build a new arena and build a whole bunch of amenities and infrastructure.
|
I would simply counter that the opportunity is relative. Cheap farmland yields low density suburban housing, land near downtown can generate far more revenue, more density and much less municipal servicing costs per household.
And I’d much rather hear your thoughts on lebreton and the senators respectively as opposed to simply countering everyone else’s comments. You might actually have a good idea about both topics.