Wow, I didn't know that 55 West still had shell floors left, well that changes my perspective.
You're correct about renting is a whole lot cheaper and in demand for it is a renter's market. I have seen many couples starting to rent because the banks would advise them to rent to build their credit even higher before they even thought about giving out a loan.
One project I would love to see revived would be Tradition Towers I read somewhere (not recently) that they wanted to just make it a luxury hotel instead of a mix of condo/hotel.
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Maybe it is just one my wild projects, but I can see hotels coming to downtown Orlando. With the Sunrail done with Disney's connection, they can advertise "Only 20 mins from Disney by train" and offering a slightly cheaper price or just to attract people not interested in just Disney hotels.