I don't agree with this at all. Of course they counted the costs of construction. Something happened along the way that made them have to put a sudden halt on this. Remember, this issue happen AFTER they received 500 million in sales from property. That is VERY, VERY telling.
Also, a lot has changed since 2001. Many, many more people are using the internet, for example, which has been probably the greatest demise for the JWs.
Even Lett said that more money was going out then was coming in.
Yes, they still have a ton of property that will keep them going for sometime. How much time that will buy them I don't have an opinion on yet.