I agree with Sydneyb even though I am way under water. I still think that at some point this has to be developed. The timelines are the problem. Another problem is that we see the price daily and are reminded of our folly in not selling at $2.50. However suppose it was a revenue property that you had purchased shortly before a housing crash such as happened in the States. You would know you were down in value but you would not sweat as much because most people would believe that at some point the market will rebound and you will make a long term profit. The key is to wait it out. That being said there are no guarantees. Maybe Schaft will not be developed for 20 years, maybe it will be developed shortly. We have to hope.

Gusto