Reply to Some perspective on those blaming Hogan for lack of education funding

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[quote=Anonymous][quote=Anonymous][quote]How do you know this? And how are the developers staying in business if they can't sell what they're building? [/quote]

I don't think they need to quickly sell 100% occupancy and [b]they get very good deals from the county[/b] so they have less pressure to fill it up fast. Of course, they would love to fill it up fast and make more money but its a numbers game for them. Oddly, the developers keep an upper hand with the county if the occupancy isn't filled fast. They can pressure council members who want money for something that they need more incentives to build because they haven't cleared their inventory. If the demand was higher the developers would be in less of a strong position.

What makes zero sense is that MoCo will tax business that create a steady stream of tax revenue and jobs to death until they go under but they give away the store to the developers. The businesses are far more valuable and would have an indirect positive effect on the housing market creating demand. Greater demand would create more competition for developers and allow the county to give away fewer incentives.

Right now the county is completely controlled by the unions and the developers. They've squeezed out any business interests. [/quote]

Such as?[/quote]

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