What you see are unfinished condo developments, not hotels. I think they were funding the project on sales ony and when that went dry building stopped. Yes they seem to be everywhere.
As mis2810 points out, after the bust in the US, the effects were soon realized in Rocky Point. That, coupled with fear mongering by the not-so-highly-trustworthy mainstream media brought things to a halt.
As mis2810 points out, after the bust in the US, the effects were soon realized in Rocky Point. That, coupled with fear mongering by the not-so-highly-trustworthy mainstream media brought things to a halt.
Don't forget the ever-so-popular Swine Flu epidemic in the Spring of 2009. That sure helped!