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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (81133)4/26/2007 1:18:08 AM
From: John Vosilla  Respond to of 110194
 
'I've forgotten exactly how much they were selling for, but I think it was over $1,000 per sq. ft. Based on what the units were renting for I don't think it would have paid to buy one even if they were rented 360 days/yr, which they weren't'

I saw $600-1000 psf. Seems like they rent out for perhaps 4-5 months top. Areas were dead by mid April. Pick up some summer business in July-August then dead again till winter ski season..