Comment by CGMthrowaway
7 hours ago
This reminds me of the way ski resorts work in the US. One company builds the ski resort (losing) but also develops all the real estate around it (winning). It only works if it's a resort worth living near.
Or casinos, which are the reverse. Build hotels, entertainment etc (losing) to support traffic to your casino (winning)
Why company? In France, ski resorts are often built by local authorities, not companies.
That's just not the sort of thing the US believes in.