Friday, July 07, 2006

Let's fire up the bullshit meter

This time from an anonymous release from BusinessWire: Inland Announces Developer's Plan for 26-Story Condo Tower in San Diego to Be Auctioned

"More and more, as the market changes, developers are seeking ways to share the risk and reward of significant developments in red-hot markets like San Diego and Chicago," said Frank Diliberto, president and CEO of Inland Real Estate Auctions, Inc.

Gee!

Somebody is willing to share the "rewards" of their labor with good ol' me? Where do I sign up?

I call bullshit. Nobody ever shares their "reward". They're just trying to dump unwanted inventory.

Journalists or real-estate shills? You decide.

No comments: