But wait...why can't they get the financing if rents are through the roof? Am I being dense?
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@rolandlisf rents have to be assumed to be *very* high through the few years to support glass/steel construction - 4 more replies
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wait, how can this be? I thought the pockets of greedy developers were infinitely deep!
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@rolandlisf most development firms entitling for next cycleThanks. Twitter will use this to make your timeline better. UndoUndo
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this time and many times in Oakland (though usually just not built at all)
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Oakland's secret power: one of the highest rents in the nation & high risk
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