Originally Posted by onishenko
I seriously think there is a large number of developers that could make a pretty penny in KW if they would build 1 or 2 buildings, but they are so mono-centric that they can't see past the 905.
Easier said than done for many developers. A builder new to a region must first understand the market and demographic. They need to do the research that helps them understand who their market is before a project is ever planned. Few buildings go up simply hoping to attract certain buyers, they go up having been designed so they cater to a demographic and market that exists in the area.
The logistics of moving employees, equipment and any other resources simply add to the capital expenditure without providing immediate return. Hence, marginalizes profits when moving to a new market are a considerable barrier to entry for most builders. If a company is kept busy and prosperous in a region it knows well there is little incentive to go through the hassle of investing into a new region.