Skip to main content

Reply to "LakePoint in Chapter 11 Bankruptcy"

I think most people see all the money going into these types of facilities and don't realize how little profit margin there is. I remember one of those Dream Parks they built in Arizona was funded through bonds with the idea that the economic impact would be huge. Only later did the city council do the math and figure out that it couldn't possibly be in the black until about 2095 even at full capacity use.

×
×
×
×