| The "stark" reality about this pipe dream is that it relies on 'talent' to attract money. We don't have the necessary local talent so we'll have to attract the 'talent' too.
At the end of the show, the talent will leave with most of the money.
That is not economic development.
This is economic development:
One baby boomer's nursing home.
40 Million Dollars to invest; at $50,000 per apartment, we can build 800 units.
800 units that rent for $125 per day will gross $100,000 per day; or $36,500,000 per year of gross income. Granted, lots of that money goes towards labor/talent BUT the laborers don't leave the area with their income. They stay and spend it locally.
Oh, don't think for even one second that there aren't 800 potential baby boomer clients in this area....
__________________ Quote:
Originally Posted by wordsmythe  Damn YOU for making me agree in public with you.
But when you're right you're right. | "Wal-Mart, you may want to look into this." |