Quote:
Originally Posted by WonderlandPark
I would love to see this hit the Philly skyline, but in this economy? Hate to be negative, but reality may be knocking  |
skyscraper economics 101:
it's usually better to build in soft economies, because a) labor is cheaper b) by the time the building is finished, the economy will be ready to accomodate it. when you look at the skyscrapers that were built in the 80s in Philadelphia, they were built during a strong economy. by the time they were finished, the the real estate market had softened because they overestimated the demand for office space, and there were acres of unused space. this crashed the real estate market.
could be just the opposite with this thing.