03 January 2010

hear, hear

When we look at job loss [as a factor in the commercial real estate downtown] don't delude yourself that it's purely recession-induced, ... if the only thing we have is a bunch of empty space that you can get cheap, and our unemployment rate is higher than the national average, which it is... folks, that is a road to nowhere. We have to have a governor that embraces Atlanta and tells the legislature to get off this 'two Georgia' stuff. It's old. [emphasis added]
gellerstedt is ceo of cousins properties and knows whereof he speaks----atlanta is stagnating

1 comment:

CMcCue said...

Maybe if the stupid banks hadn't bankrolled unnecessary construction on every freakin' square inch of land in the metro area, we wouldn't have that problem. I moved to Gwinnett thinking it would be rural. Cousins Properties and its ilk gobbled up the horse farms and built strip malls and office space. I suspect they will follow me to Walton Co. Then I'll move again.