01-27-2016, 05:09 PM
Perspective on the boom is developing, albeit hesitantly.
This project is so brazenly exploitative that it it can be called out. Yet very little is said about projects which are in trouble. Very little is said about high turnover in developments which generated great enthusiasm, but not, apparently, great loyalty. We all know where these are.
It has to this point been acceptable to pump development with few questions asked, and to promote and protect its equity potential. Ironically, those who attempt to protect equity which has been built over time and with persistent loyalty are derided as NIMBYs. Perhaps perspective on this will evolve as well.
This project is so brazenly exploitative that it it can be called out. Yet very little is said about projects which are in trouble. Very little is said about high turnover in developments which generated great enthusiasm, but not, apparently, great loyalty. We all know where these are.
It has to this point been acceptable to pump development with few questions asked, and to promote and protect its equity potential. Ironically, those who attempt to protect equity which has been built over time and with persistent loyalty are derided as NIMBYs. Perhaps perspective on this will evolve as well.