Quote:
Originally Posted by joey2665
I disagree, my property does pretty well down there, I am very happy with my tenants and the return on my investment about 12% annually.
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As the Big O would say, "you're making my point." If we want to invest in housing, including a substantial amount of Section 8 housing, then let's make that investment and reap the returns. However, FLL was looking for ways to improve downtown to attract people who would otherwise not go downtown. My wife does not shop downtown by herself because she feels unsafe. I know many, many people who feel the same way. I too would invest in rental units; however, at this point in time, I would never invest in ways to make downtown more attractive, including the Colonial Theater.