They are building thousands of condo at 1M$ and have a pikachu face when they realize it's hard to sell?
this post was submitted on 09 May 2024
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This.
Have they tried not pulling in 73% profit from every sale?
“So you see them trying to bring forward different types of one-off incentives like free parking or like mortgage holidays for a couple of months, or things of that nature to try to bring buyers in without resetting the overall value of the units because once that reset happens, then that can change the market dynamics going forward.”
😬
Building rooms instead of apartment and charging house prices, I wonder why no one is interested?