There is always that argument about chicken and egg. Was there egg first or chicken first. If there was egg first then how did it come about without the chicken?
Well, take this theory and apply it to an ailing building. For example, the developer does not want to upgrade a certain shopping centre / commercial building. Reason? There is not enough human traffic or tenants to justify any sort of upgrade.
Excuse me Mr Developer,the main reason why there isn't enough human traffic is because there is that the variety of shops is not great and the shops and/or offices are so old. Other shopping places are already building annexes and extensions to boost shopping space and experience for its clients. How do you think you are going to attract new shoppers / tenants with the same number of shops from ten years before and with the building looking like it is going to crumble?
Go figure.
The developer either wants to send the building to its doom or it does not have any business sense at all.
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