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Old 10-30-2024, 10:05 AM
Pairadocs Pairadocs is offline
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Originally Posted by Stu from NYC View Post
If the developer thought he could make a good ROI long term would have done it years ago
Definitely ! They only do profitable, not in the business of not profitable. Residents once had a VERY affordable alternative to cable and satellite TV providers. It was a very attractive reason for retirees to build/buy here, but it was not profitable. Just as the entertainment nightly is a big draw, I believe the state tax money for tourist development eventually ended ( I think, could be the developers still get tourist development money (?), but I suspect that if the area businesses had not picked up the tab, we would not be having nightly entertainment... it would be a loss leader if it came out of profits of the development.