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The Water Cooler
General Discussion
Aubrey McClendon will not be down for corn flakes.!
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<blockquote data-quote="dennishoddy" data-source="post: 2855568" data-attributes="member: 5412"><p>Why would anybody buy a resort/land, and let it go fallow? None of this makes sense.</p><p></p><p>What little I know about developers, is that they buy properties that aren't making money because the maintenance of older properties has exceeded the profit or close to it, and have to shut it down or look for investors. </p><p></p><p>Investors aren't going to invest in something that isn't going to make them money, or their income won't allow investments because of downturns in their businesses that eliminate investment money's.</p><p></p><p>I suspect that is what happened, but You all could be right. They tore it down to let it set.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 2855568, member: 5412"] Why would anybody buy a resort/land, and let it go fallow? None of this makes sense. What little I know about developers, is that they buy properties that aren't making money because the maintenance of older properties has exceeded the profit or close to it, and have to shut it down or look for investors. Investors aren't going to invest in something that isn't going to make them money, or their income won't allow investments because of downturns in their businesses that eliminate investment money's. I suspect that is what happened, but You all could be right. They tore it down to let it set. [/QUOTE]
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Aubrey McClendon will not be down for corn flakes.!
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