Posted Jul 1, 2008, 9:31 PM
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c h i c a g o
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Join Date: Feb 2006
Posts: 314
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Bvic, I dont have any doubt this is a standard practice overseas. As i mentioned in an earlier post, Invesco did this same thing to overseas investors and all their buildings have gone to shit. I know were not really comparing apples to apples but it is what it is. Also, how are they going to get 400+ units rented at those prices. Anyway, this conversation is probably more suited for a real estate thread then a construction/skyscraper thread.
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