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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (25296)	11/17/2004 9:41:33 PM
From: Elroy Jetson	Respond to of 306849

Building a public consensus for a development project is really powerful and often overlooked. There are occasionally some people who will always be opposed, but if they can't show anyone has been given a rough deal and everyone else is content they can't cause you any trouble. When you're obtaining approval for any type of project, you're asking the local community for a favor. People who don't understand are rarely successful. Start lecturing people about your "property rights and you're history - even your current use can be taken away from you. I've noticed two very frequent problems which prevent real estate developers from being successful in this. 1.) They've often been able to surround themselves with yes people who cater to their whims, because they tend to be either wealthy or previously successful in other fields. It's tough to transition from being a diva to being a supplicant. 2.) Many real estate developers have serious addiction problems, especially cocaine and alcohol. At a minimum this makes it difficult for them to connect with other people and frequently leads to bizarre irrational behavior. Of course in the mind of the addict, their drug makes them more confident and in-touch with what they're doing. .