Comment 95802

By kevlahan (registered) | Posted December 11, 2013 at 10:52:41 in reply to Comment 95786

It's been tried multiple times. The problem is that, as many potential investors have found, most of these vacant buildings and lots are not for sale at a reasonable market price. Blanchard himself has said his Gore Park buildings are not for sale.

The speculators are holding out for windfall profits they are sure will materialize sometime in the distant future. And some have been holding onto vacant or under-utilized land for decades.

Comment edited by kevlahan on 2013-12-11 10:54:00

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