May
24
Land-Use Strategy In Times of Economic Strife: Accentuate the Positive, But Protect Against the Negative
Deemed by some to be the worst economic crisis since the Great Depression, today's economic environment places many real property owners and developers in a miasma of doubt. Doubt, and uncertainty in general, tends to have two primary effects—paralysis or panic. Neither reaction is conducive to the maximization or the protection of an asset, and both can lead to lost opportunities. Developers and property owners, therefore, must position themselves in a calculated fashion to seize opportunities when they arise. After all, if great difficulty leads to opportunity, then great opportunity is around the corner.
