Greg A Croft 
Member since Apr 10, 2018


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Re: “Glut of office space disastrous for Halifax Convention Centre financials

Developers make money out of developing, whether what they develop is feasible or not. There are many examples of this in other cities around the world with housing and office gluts. Once the banks, governments or other organizations are on the hook for the money, the developers are flogging their best new development and everybody has to pony up because if not the developers may have to go into bankruptcy. It's kind of like " the art of the deal".

5 likes, 1 dislike
Posted by Greg A Croft on 04/10/2018 at 5:11 PM

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