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Old Posted Sep 26, 2015, 4:43 AM
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Location: Chicago
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Quote:
Originally Posted by orulz View Post
This rapidfire wave of enormous residential project announcements tells me that we are likely entering (or already in) the bubble phase of the economic cycle that has been the rule since, well, ever. Some of these big projects may get off the ground but probably not all.

Rest assured though, even after the inevitable bubble inevitably busts, fiveish years later, a recovery is inevitable and we'll be back into boomland again.
This rapid-fire wave of enormous projects tells me that developers want to get their shit into the city before the affordable housing ordinance goes into effect in mid October.
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