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Old Posted Jan 20, 2012, 3:38 AM
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WhipperSnapper WhipperSnapper is offline
I am the law!
 
Join Date: Sep 2002
Location: Toronto+
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Quote:
Originally Posted by Rico Rommheim View Post
Buying a 20+ year old office building for 1 billion doesn't seem like a wise investment. What'll be their return on investment there? How long before whoever buys it sees a penny out of it?
A billion dollars and one jackhammer can quickly transform that into $20 billion.
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