Why should Disney be price gouged in that circumstance?
Because they have money and they're trying to buy out the whole market. This reads like a billionaire sobbing about not having access to a senior discount at the thrift store.
That place was absolutely nothing before Disney developed it. The land was worth exactly what Disney paid for it. And there was no guarantee that it would turn into what it is now. We reward business for taking risks with their money. Disney took an immense amount of it, an absolutely outlandish amount of it. They poured money into that swamp. All on the bet that people would pay through the nose to see Mickey.
I'm not complaining about Disney making money off their investment. I'm saying that if a large company wants to make such an investment, it shouldn't dissemble by hiding behind front companies.
I just have to point out Disney was paying top dollar for swamp land. The whole deal worked because Florida and Disney invented a public private partnership based on Reedy Creek.
I’m not 100% sure but I believe the model is what birthed HOA and Gated communities.
Permitting certain freedoms made swamp land more valuable.
