Quote:
Originally Posted by biggus diggus
I don't recall anyone saying another "great recession" is coming, but I think brushing off an impending recession (no matter how small) is kind of ill-advised. Why would a seasoned developer want to begin a project that will come to market as a recession is starting? Not a good use of money.
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Well if you are a developer and expecting a short recession like 92 or 2000 your building is going to take two years, be under construction during the slow growth and ready to open in the next recovery