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RE: LeoThread 2024-12-28 05:31

in LeoFinance6 days ago

Part 5/9:

Significantly, the Rosen brothers operated initially on an undercapitalized model, constructing roads and waterways that defined the city's layout before sales fully justified the investments— a radical departure from traditional development approaches of the time. Their strategy—constructing amenities and attractions before demand existed—ultimately paid off, drawing residents to the burgeoning community.

The Booms and Busts of Development