Quote:
Originally Posted by Erick Estrada
On one hand you would think it's a good time to pause construction given the material shortages and rising costs but on the other hand maybe things just continue to get more expensive going forward.
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It was never said in the media, but I’m quite sure that 95% of the reason for the cancellation was rising material costs.
I bet numbers were coming in at least $100 million above budget.
If prices come down again in a year or two, it was probably worth it to wait.