| Re: Ocean Heights -
05-05-2007, 04:02 PM
The problem with this one, besides their CEO saying that there is a lack of construction workers to employ for it, is that they are still charging £200k for a 1-bed apartment... so they're obviously not selling as well as they would like. It's a catch-22 situation now - Do you lower prices in order to make sales at the risk of shamefully cheapening the product, or continue and hold out at the current rates and risk ppl opting for cheaper deals elsewhere..???
I wouldn't like to be in Peter's shoes right now. But its amazing how they still put a brave face on as if everything is fine... but for how much longer? |