General Discussion
In reply to the discussion: Guys..... we may be in big trouble. [View all]calimary
(80,700 posts)It's absolutely correct - no, not just correct, ESSENTIAL - to remind about the big developers who are only looking to make a big buck, as you have, here. Likely the developers themselves don't live in, or likely anywhere near, the developments they push for. They've got lots of money for bribes - er - I mean campaign contributions - for the politicians whose jobs allow them to appoint AND fire people like city planners.
They might also do some sort of sweet-talking with the planners themselves. After all, regardless what you have to spend to sweeten the pot for that creative new zoning "exemption", you stand to make SO MUCH more after you develop that property with luxury homes and towers of waterfront condos and apartments. Towers are great because as much as you could make from a single-story beachfront property, just think if you could stack 30 stories of property and multiply the payday by 30 - or however many stories you can get the zoning restrictions relaxed enough to allow. And the higher up you build, the better the view, and you can charge even more!